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Originally from Hungary, lived a few years in the UK. No, the level of corruption is not comparable. The UK elite are modest and planning for the long term in comparison. Clear checks and balances present to make them stay cautious. Nothing like that in Hungary anymore and not much of them functioned under Babis either, as the system reverted to "socialist" mode. Public servants served :)
That's why I was upset about Babis being a D*CK about the project and CEZ getting involved with majority. I still am. Limits the upside of our story considerably.
There is a point: it's a milestone of progress, confirming that the pilot plant produced the desired product in sufficient quantity and potential partners are serious enough to accept delivery. What we know now the KC has no credibility left whatsoever, hurting the project, keeping the price down, making a potential capital raise or a takeover bid unfavorable to shareholders. We must get rid of him.
But.. but.. colin & co just said that it clearly sets out a formula. I'm so confused who's talking out off their a**es here. It's hard being a deramper (holding since 2015 or so, fades into the distant past before our original production timeline started by KC)
Funny how my previous post about how the FCA should investigate KC's conduct due to consistently promising stuff in months then just repeating the same thing even years later (e.g
commercial samples, hence effectively lying to the market) was taken down. Someone sensitive hear? The board itself? Maybe FCA should also look into this.
Not a good look regardless.
They pretty much state the obvious (i.e. humanity must go renewable, mobility must go clean, stuff needs battery) and guesstimate that demand outstrips supply by X ratio and Y price curve correlating with it. When it doesn't happen exactly like that - and why would it - they move the time horizons or blame macro events or shifts in technology. It's the same analytic skill as drawing an upward line on a board, as accurate as a horoscope.