It's just the facts. They have produced absolutely nothing in around 10 years, 5 years of it under the current management and all shareholders ever get is an extremely biased view from management with little basis in reality and as much obfuscation as they can put in to every statement. Everything they do pushes anything off well into the future so nothing ever has to be achieved, this is a constant pattern of the current management
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-83
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