RE: An outsiders view7 Feb 2023 08:40
Who needs experts or market valuing the company between 4p to 5p.
We now operate on feelings. The truth is our cash position is dire. Our income is less than our expenditure hence losses since the vanadium prices fell. We have 2 very old plants that need maintenance, shutdowns, load shedding, potential worker strikes etc.
On top of that we have the cherry on top of the orion debt that needs paying or renegotiating.
Only thing that can save us is vanadium price rises otherwise there will be dilution of shareholders to pay that debt.
Just my opinion and I am a shareholder.