here we go again ! pre open ?, page-30

jantimot
It is not brilliant it is just trying to block someone who wants to manipulate CDU shares down so as to buy more shares at a cheaper price.

No company director should have to have his attention diverted to something like this because of a possible corrupt system. A low share price makes it harder and more expensive to rise funds.

X strata is a next door neighbour, did any of their people have anything to do with writing the JORC code. Did anyone connected with the JORC code declare that an anomaly may occur with regard to Rocklands ore and the JORC code.

A privileged few who understood the JORC code and how it would grade Rocklands ore used that knowledge to their advantage. Were people associated with Xstrata one of those groups. They would have understood the code and the geology of the area. Other companies on the ASX who have had August 18 moments, were they controlled in the same way. Is this a standard way of shorting when you know how the JORC code treats certain deposits? Was the code written with this in mind?

All on here take the time to read the latest CDU trading report it is very illuminating. It shines light on something we all need to think about.

Were shareholders effectively jipped over the way the JORC code is written. Try comparing the first JORC and the bulk testing results. If the object of the JORC code was to objectively define what is in the ground at Rocklands it clearly failed. Was it a controlled failure. We are supposed to have a legal system to protect us and in this case it possibly clearly failed.

If it looks like a rat, walks like a rat, chews like a rat, guess what, it is a rat!