Soon as you do $TORVF will run........lol.......Stuff always takes longer. Just remember that they are working very hard, and the value here is pretty awesome....Getting some hints that something will happen soon............fwiw
This has not done anything for years business wise. It was pumped. But if one reads their fins, they are years away from anything. If ever!
. Accordingly, there is no assurance that a mine on the Lochaber Property will ever be brought into a state of commercial production or that the Company’s activities will result in profitable mining operations.
16.3 Uncertainty of Air Classifier Technology on a Commercial Basis The Company’s proprietary Air Classifier technology for processing and purifying graphite has not been used on a commercial basis by the Company and there is no certainty that results achieved during small-batch testing, including those performed at when the Plant was in operation or as part of the computer simulations, can be replicated in commercial quantities, which would have a material adverse impact on the Company’s goals for the technology.
16.5 Technological Uncertainties that may affect Commercialization The Company’s solid electrolyte battery technology and DNA Sensor technology is currently in the research and development phase. There is a risk that these technologies will not perform as expected and therefore, the Company may encounter delays to commercialization or may run the risk that the technologies will never be successfully commercialized. This means that the Company may never receive revenues or return on these research and development projects.
16.9 Financing Requirements Substantial additional capital is required to bring the Lochaber Property mine into production, to commercialize the Air Classifier Technology and for other purposes.
16.10 Negative Operating Cash Flow As the Company currently has a negative operating cash flow and may continue to have that for the foreseeable future. The Company’s failure to achieve profitability and positive operating cash flows could have a material adverse effect on its financial condition and results of operations.
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