Am not especially impressed with the quarterly report as it really didn’t throw up any interesting information and I must say that I am less than impressed with the NPV calculations that the company has produced (talk about rubbery). I would be interested to know whether this NPV takes into account the bringing forward of production.
Also, I think that the management are being a bit rich looking for additional incentives. I know I will be voting no unless I see something tangible between now and the 30th Nov.
These reports were the biggest load of bubble and froth I’ve seen in a long time … against I reaffirm my view that the project is good but the management should be brought into line.
AIM Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
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