My only problem with long delays in progress is the salaries they all get paid. I often wonder what would happen if it was standard practice to reduce salaries during prolonged periods of inactivity..bet they would hit the ground running then.
I guess there are pros and cons to being this type of Chinese investment vehicle.The Chinese have the money and the Laos resource and we have a share of that for sure...when they are ready to develop it. This new attitude of we will delay because we can does not necessarily suit us shareholders who have been told otherwise...about a quicker timeline. I think it is managements responsibility to maintain a healthy share price by ensuring as little time as possible is wasted.Do ORD even have a geologist employed for Supplejack ready to go ??My guess is NO. I am thinking that months will go by whilst they try to sell CFlats..hope they have started their marketing campaign as this was on he cards for sometime now.
ORD Management need to become more transparent with continual announcements as to progress (ie are they working for their salaries) so that we may keep the faith. Though I am here for Laos in the long run...I would expect my portfolio looked healthier than it does at a measily 4c share value. ORD get your act together. !
Gisy
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