What, there is more bad news to come?
What else could possibly go wrong??
Well I know for a fact that Cedric will be in India, China and Korea for the next 3 weeks. So while we wait for the benefication plant to be set up I just wonder what all these overpaid executive are doing for their dough. ie Sean, the finance guy, the chief geologist in India etc etc etc.
One line in the last announcement that made me laugh was their explanation regarding not purchasing third party ore to save cashflow funds. Do they not realise that they will probably sell the ore for a higher price than they bought it for????? And this will lead to more cash and a higher share price????
Another thing that puzzles me is the test benefication plant that was set up and was supposed to output 150 tonnes per hour. Anybody know what happened with that???
Joe
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