views please22 Oct 2017 20:44
I want to get back in but few things putting me off. Good to hear whether I am being over critical.
recap of RNS:
30th June: �In turn, we expect this will deliver value creation in the near and long term with Aftan having now reached full scale production�
July 2017: "Aftan has booked sales to the Customer of 1 tonne and will be shipping 3 tonnes imminently".
At placing: - "The fund raise will enable Aftan to implement further plant upgrades with the expectation of ramping up to 30 tonnes per quarter and beyond long term"
September: "Second shipment of industry leading high purity tantalum has been shipped to Aftan's customer with a third and fourth shipment to follow during Q4 2017."
My concerns:
1) Larry appears to make contradictory remarks: he said in June that Aftan at full production when it clearly was not
2) In july said - 3 tonnes to be shipped imminently yet in October the third and fourth yet to be shipped
3) how on earth are we going to get to 30 tonnes a quarter when only doing 1 tonne per month at best,
views please