CRL 0.00% 2.0¢ comet resources limited

Re-Rate well over due, page-89

  1. 1,508 Posts.
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    Yes David ,
    BUt am not suggesting they are withholding the lab results . What I do not understand is why they could not inform us that the drilling has been completed, Is that an unusual demand ? Dont you think that they have lost some credibility ? I mean did they not announce that the Graphene had been sent previously for instance ? Than the market was left in the dark for months about it , only for them announce a couple of weeks ago that they had only just sent it out . And that the delays were because of the contractors they hired. Why did they not disclose this sooner ? not good practice and certainly not the type of management that i normally look for when I look to invest. Oh and how long did it it take for them to announce and clarify why the drilling was delayed in Mexico ? What about Barraba ? in every project they have failed miserably in transparent communication . Its not like their silence helped the share price . In fact I would say the S/p is where it is at the moment because of their lack of communication to share holders . Many get frustrated and move on or become very hesitant to invest in the future.

    I am not implying they are a lifestyle company nor do they appear to waste money .
    In any case i appreciate you trying to assist . As I have mentioned i am bullish but am just weary when management does not keep holders informed . Transparency and clear communication builds confidence and patience.
 
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