Not a lot of posts on CNL are there?
Regarding burner123's post about a month ago, have you seen the recent announcements? I would appreciate your comments on the Tunisian projects ownership restructure. I might be totally wrong here but it looks like they just gave something away for free!?
Also, I cannot believe how much money this small-cap spends on administration, wages and salaries. We are talking about $2m per year and now a DFS has been put back again!
It would be wonderful to see management do what many other small-cap management teams have done during the recent difficult climate for capital raisings, ie. take a pay cut and and reward yourselves upon success. Shareholders don't mind that and it shows some degree of responsible behaviour.
Any thoughts anybody?
Ann: Annual Report to shareholders , page-3
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