scanspeak In the looney bin are people with all the answers on how to solve the worlds problems. Don't join them. We are in a sticky situation and don't fool yourself that it is not. As someone on here said a person going foreword looking backwards is actually going backwards. The way the company is being run could have a fear of failure element. Failure being a low ball take over.
This may in the future prove to be a wise move but right here right now I worry about it.
Get this straight we have a JORC for part of the resource. We have a smattering of information from all over the place but we do not have a definitive account of what is there. They drill a bit here then a bit there then a bit somewhere else but no definitive account. We know we have a possibly six or ten possibly more truckloads at Wilgar. We do not have a clue as to what lies below this at Wilgar, we are guessing there is a lot more but guess what? It is exactly that a guess.
I am not a believer but if you watch Hour of Power one of his primary speeches is "FEAR OF FAILURE." In this case it is not fear of the mine failing, I am certain it will succeed. It is possibly fear of the present board to remain in control. As I said my perceived viewpoint may be wrong and ignoring that it may turn out to be brilliant at some time in the future.
Try to understand we live in the present and right now it's not looking good. Take a look at the number of stocks on the ASX today listed as suspended from trading today.
CDU Price at posting:
$3.39 Sentiment: Buy Disclosure: Held