Here is just a part from DAU thread. The shareholders are really disgruntled and and the general opinion is they have lost big project to an ordinary junior ORD River.
I like this part from one of the posts (especially the dividend part):
"That well known music hall comedy double act Hudson and Hay seem to have been oblivious to the world economy when deciding to give the opportunity to Ord. Lots of experts were forecasting steep rises in the price of gold, with the debt laden economies of the U.K., U.S.A. and Europe and if India were to relax import controls on gold there was always a very good chance that gold would see big price rises.
A well run Dampier would have seen dividends of 10 or 20 cents with an SP of 1 to 2 dollars easily.
The best chance for shareholders is a win for Columbus and also the hope that Ord cannot meet their financial requirements. "
VAN Price at posting:
0.8¢ Sentiment: LT Buy Disclosure: Held
