As i have said before your are all deranged if you think you will get a dollar back, The only winners will be Curpic and the Directors, Even the bank wont win they will JUST get the loan back. Shareholders will get zilch, nought, nothing sweet FA. I hope you all understand we have lost our dough.
When i was in Jakarta some months ago I met one of the matallutgists that worked on Boseto at the start of the project. He said DML was doomed from the start and left and got his investment out. He thinks (like some of you do) that the only reason the Directors did not take the $1.70 bid is that after further DD they would be found out big time.
If there is not a major investigation into this debacle then the corporate warchdogs are equally liable.
Im pissed of like the rest of you as I lost a fortune on this. NEVER EVER INVEST IN A MINE BASED OVERSEAS....PERIOD.
Next announcement , bad copper price, Cupric walk away, Directors must uphold the Corps Act so VA time
The mine will get sold the directors walk into something else and we have the bathwater. Look at Copperco, look at Pasminco. Different events same ending for the shareholders.
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