re: Ann: Anglo American Farms-In to Trenggale... NO REPLY TO EMAIL.
As expected no early reply to my email to answer some simple questions about what is Anglo actually doing.
If they put it in writing they are then on record. By broadly making an announcement it is upto to us to guess exactly what they mean. It simply can mean they have reviewed recent data collected in the past.
I don`t wish to be critical of the board but when they fail to respond to a few simple questions which S/H`s are entitled to know or to clarify exactly what was meant in their last announcement you do feel insulted. My concern is if that is the way they conduct business, what is their attitude towards land owners of where they wish to explore or even the Indonesian Government.
Anglo have an appalling history of Polluting the land of where they explore and mine and walking over the people who work the land for a very modest living or to simply survive.
With the current SP where it is and has been for far too long you would expect a FIT and PROPER person to welcome such a request and be pleased to advise that S/H of the current position and give him/her confidence of the future and to perhaps buy more at current price. I was not asking for confidential info or market sensitive info.
I am sure that many of you would have wanted to know exactly what Anglo were doing and not be forced to wait for a monthly update that would only say what we already were advised previously ambiguously.
Perhaps their reply could have sparked a rise in SP.(wishful thinking ) As one poster said, the last announcement should have seen a price rise. Now you know why there was not one.
I will refer the matter to the ASX as they have failed to comply with their responsibility to keep S/H`s fully informed. By some miracle they maybe able to get the answeres I have asked, ( maybe ).
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