Anyone who has read my previous posts will know that I am cynical at best in relation to this stock.
Did anyone else notice that Mr Finch appears to have been reading the negative comments raised by us all and has conveniently blamed the Government for delays - er, wasn't this approved by the Government in 2013 and its now Oct 2014. Hmmm!
I also note that the report is silent on the Arrium discussions - unfortunately I can't see this happening in the current environment.
As for the barge, well it was brought back into conversation...but guess what, nothing has happened.
I see directors salaries have reduced, not quite in line in with the reduction of the share price though. They might find it hard to get by with a 90% reduction in salary.
I feel better now that's off my chest.
Cheers!
Catweasle.
TYX Price at posting:
6.3¢ Sentiment: None Disclosure: Held
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