chat with ian, page-10

Hi Split...thanks for posting your conversation with Ian.
Boy where do I start? Firstly, I'm glad tug & barge etc. are on schedule....about the only thing that has been in 4 years!

How can management made a boo boo quoting stage 2 PFS, if that's not their main intention for the funding? Shareholders have an expectation, and rightly so, to have resolutions explained CLEARLY, how else can they make an informed decision when voting?

This, unfortunately, has been management's style when making ambiguous announcements, not meeting targets, or ever explaining why.

IFE floated @ 1.00, reaching highs of $1.60 odd and now they are almost ready to go into production with a sp of 69.5c. My average price is $1.16 so I am grossly underwhelmed atm. I could buy more @ this price and average down, but frankly this latest fiasco has been the straw that has broken the camels back.

An MD knowing shareholders and the market are unhappy and failing to take any responsibility or at least reply to emails (you would think he would be duty bound to do this) is quite unbelieveable.

All I can say is, I find it incredulous, that he finds the sp incredulous!

God help us get through the few months debarkle free.