The only thing that is confusing is the shareprice imho.
Not a shareholder yet but seriously considering. Dont have funds at moment.
Personally I don't think the market is confused, perhaps some HC posters are...I think the market is SCEPTICAL. It's not every day you get a company coming out and saying they are bringing a project into production for $20M CAPEX that will make up to $100M profit per annum by 2nd year.
There have been a couple examples this year of market being sceptical that have been rewarding for me. The most obvious no-brainer was NST after it picked up the Paulsens project but market reaction was initially minimal. Eventually market cottoned on and it flew.
Think probably a similar case here...market will gradually pick up on it.
As for complaints about director options...not sure why the fuss. They did them at a substantial premium, which is more than can be said for several other companies.
Cdchi1
Ann: IFE Brisbane Mining 2010 Presentation , page-65
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