IND 2.44% 21.0¢ industrial minerals ltd

Cheap shell, page-84

  1. 1,975 Posts.
    lightbulb Created with Sketch. 11
    My reply was also in jest Magadan.
    My point with Management is they have been operating in the oil/gas sector which included Indonesia. Both high risk. Some things can be out of Management control as you would know with your experience with PEN a la Fukashima. Two project failures isnt good but both could have been company destroyers. The company still survives to fight another day and they are not sucking funds out of it.
    They are not rogues like some like to portray. They are guilty of poor communication with holders during those projects though imo. Now there seems to be some small interest and with it some hope that some of us might get a return which we could invest in Bank shares where Management never rips off its holders.
 
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