Problem is, for unsophisticated d1ckheads like you and me, (me anyway) when a Managing Director of an aspiring junior like this, makes a presentation stating that the plant is ready to be built and the money has been promised to build it and we will earn 5 Billion over the next 13 years, and you and I other naïve would be investors see this presentation think, wow this looks great, lets buy in, and then find out that :
The Company acknowledges that in this regard, the Funding Comments may have anticipated an outcome that has not yet been achieved and may in fact not be achieved
The reason that the ASX jump on this sort of pumping is so that the less sophisticated investor (read: ME) doesn't get sucked in to basing investment decisions on unfounded claims.
I'm still in and hopeful for the eventual fulfilment of mining and supplying, just want announcements to be substantiated.
Cheers
Ann: Response to ASX Query, page-117
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