HAZ 0.00% 4.0¢ hazelwood resources ltd

New board, page-2

  1. 596 Posts.
    I agree towkay. It concerns me that the board has been handing out shares and options like toffees to all and sundry (except us) thereby potentially diluting our shareholdings (see the agm). For a Company that almost disappeared before it eventually got the refining plant going in Vietnam it seems to be wallowing again. When things began to get moving again I was heartened by the fact that the Company was generating a cash flow. Now it seems the cash is never enough to keep the Company funded and I fear that, as happened before, the Company will quietly fade into the mist of silence that preceded the last debacle when it ran out of cash. I too hope the new board will do something better for the share price (without mortgaging our shares to the hilt), because I've been underwater with this stock ever since I first had the strange idea, a few years back, that it was going places.
 
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