lets recap, page-2

Greenway. I'm serious when I say that perhaps in this instance your approach is right just to ignore the facts, talk to some management who will spin you a bit and make you feel good and just rely on other investors having more information. I can't help but point out though that your statements are just incorrect.

Even the first three. They still need lucky bay approvals. The operating contracts are not signed. The offtake contracts are signed. But remember,they are actually of benefit to the offtakers mainly. (Also provides slightly more predictable cash flow to IFE). The last one was done in consideration of an investment in IFE below market. The funding is not in place. Firstly we have no idea of how much is now required so its unknowable. Even going of the latest vague story, the company still needs to get bank finance. With all the equity raised, you'd think that shouldn't be too hard but their track record is not good.

Agree on the delays. But also just completely unrealistic at times. To push back yet another 6 to 9 months just as they're supposed to start mining is amazing really. And it does have some impact. Their margins, whatever they actually are, are reasonably fine. Risk of iron ore price dropping increases with time. Also more cash burn of course. The burn rate will increase all the time now up to shipping.

Perhaps the other investors have more information. That would explain the mysterious share price action. It would also of course be illegal and highly detrimental to the majority of investors.

In terms of there being forecasts. We know they are now well outdated. They must have new forecasts but they haven't share with us.

As to now having experience management. I invested invested in the first place early last yr I think it was because they appointed one of the most well regarded project managers in Australia. He not been heard from since.

The last part. Well. They haven' kept costs under control. They keep going up. And they have massively diluted even just this year. In the context of them having said there would be no more dilution they have issued nearly half the years market cap coming into the year.