I have been banging on about this topic, L9 for some years as I was very unhappy with the way management firstly updated shareholders on the loss of L9 and then me personally after an email to FAR, Ian stated they were still negotiating where as the media had reported they had lost the block as per my post
https://hotcopper.com.au/threads/kenya.2761100/page-9?post_id=17653572
Can someone please post the Ann. that clearly states we lost L9
The only hint I can find that indicates we lost L9 is it went missing in the 2016 annual return : The annual return for 2015 was as follows showing L9
2016 annual return without L9
I really want to back management but as my wife keeps telling me: Past performance is the best predictor of future performance, regardless of what my wife thinks, I keep trying to impress her fruitlessly.
I would not be surprised if DJ goes the same way as L9 and gets dropped after handing over 3D without any Ann.
Zip OFL
How FAR deals with bad news
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