5 Bagger Thread. Fundamentals and Opinions, page-821

Alex would not be able to purchase if there was an immanent material announcement about finance in the wings.
This troubles me.

I applaud his on market purchases - statements of faith if you will - but I would much prefer to see finance announced, and the major works commencing.

Jonathan Downes is one of the G1A directors, and he presided over the complete destruction of value while the MD of IBG - in the early days promising finance by a specific quarter, and when that failed multiple times he continued talking up the prospects of finance when it had become apparent that there was a genuine issue with obtaining it. (Still not obtained nine months after JD was moved on from his MD position).

I think shareholders deserve a status on finance, and the reasons why it has been delayed by a full quarter.