This is directly from the company update 0n 7 March 2013 compare it to the 1/4ly today and make up your own mind about management performance:
The successful commencement of drilling at the Carachapampa gold-silver project; Sourcing of major joint venture partners for the company’s porphyry projects; Promising independent projected cash flow models by Cielo Capital Pty Ltd at the Marianas Magnetite Tailings Project; and The expected finalisation of off-take and funding agreements in March for the Marianas Magnetite Tailings Project.
Managing Director Glen Darby said: “Together these developments represent very pleasing developments across many of our projects. We are very well positioned to achieve our operational and corporate objectives and as a result we look forward to making a number of important announcements in the near future.”
PG
CDB Price at posting:
2.2¢ Sentiment: None Disclosure: Held