Look back through the ASX announcements HC; power was supposed to be hooked up by 2011. I wonder how many investors kept their shares on this announcement alone; I was gob smacked when I learnt power was not hooked up by late 2012 (chairmanship address). Even in full swing this mine delivered very little gold and could not repay their debts. History has shown a black hole for cash leaving behind a trail of destruction. However one thing they have excelled at is raising money and spending others hard earned cash on consultants who are the likely winners. I could name another dozen breaches of ASX reporting but I already have in previous posts.
Any one who thinks this dog has changed its spots is a brave investor.
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