CMR 0.00% 15.0¢ compass resources limited

bring on 1.50 again, page-10

  1. 2,547 Posts.
    the only crap around here is the continued lack of disclosure by cmr's management.

    if asic was serious i even think a case of insider trading could be warranted.

    Amazing how everything was progressing swimmingly, directors were cashing in options, until the first delay was fingered towards the electricity supplier. Even with this additional sixth month window management could not make it's own timeframes to complete the plant. The next excuse was centred on the project management team / builders once again appointed by the board. and lastly they announced another delay and cost blow out and failed this time to offer an excuse.

    heads should roll and i personally would welcome a takeover as this management team although great at exploring and speculating have not got a f..kin clue when it comes to production.

    1.50 might be the right call
 
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