can we expect ann in the near future?, page-18

geoff09,

I have red that ann. more than 10 times.

If we look at the situation now ;

1 - No farmin progress update has been done since 21.Dec. 09 (There was no update on January Act. report)

2 - SP is NOT holding its ground. Nearly 25% down in one week (45c to 34c). And it is expected to go down more, maybe to 28c first then 23c. This is being discussed here.

3 - People have a lot of strong doubts about management's capability and credibility due to their negative history.

4 - Even some people (including me) have a strong suspicion that this farmin agreement process was fabricated for some big guys to dump their stocks.

There is something wrong here. I feel trapped in MEO.

There are many questions. I have already started to ask to myself.

1 - Is this farmin agreement still valid?
2 - Is everything agreed?
3 - Are there still some items in dispute ?
4 - Where are we?.. other than sitting on 34c/s !

These are the questions should be clarified by the management so far.

Yes I have already halved my exposure to it last week and will be waiting for the ann. for the other half.