I read it in a similar way.
PLAIN AND SIMPLE - WE DON’T CARE!!!!
Management obviously don’t really give 2 hoots about what is going on, I also suspect that the way they defended themselves was stretching the truth. I am not a fan of a management team that fails to meet simple compliance regulations. They have dropped the ball here and as a shareholder I am not too impressed with their actions.
I still hold a small parcel as I sold off my major holding last week as I do not like the restructuring of the board.
I do hope they can turn this around. I really do like the tenements they have to play with, but at the end of the day if Picasso isn’t at the end of the paint brush what can you expect the painting to look like???
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