If they had any positive news they would have announced it. Given the ongoing issues with the Southern separatists over the last few days I can't imagine anything good happening soon. I hope for the holders that something positive happens soon but I expect they will just say suspension in Yemen continues and try to deflect attention to Hummer. They really need to cut their costs, especially payroll. So many expensive heads and no action ? It is now over 3 years since they got into Yemen. In that time the chairman has earned over $3mil -'about 30% of what was raised in the rights issue. Surely they need to cut salaries so management feel some pain and conserve cash.
I might buy a few shares just so I can attend the AGM and ask them all these difficult questions.
PSA Price at posting:
12.0¢ Sentiment: None Disclosure: Not Held
