this VA really stinks.Nothing from management to shareholders...

this VA really stinks.Nothing from management to shareholders .This sort of behaviour by management kills shareholders and destroys confidence in the market.
In below report only 2 months ago on brr Brian Rear stresses the ongoing profitability of the company with costs averaging $1.04 a lb. With the current hedging and production up to 20000 tons per year,this represents huge profits.
From exploation to production in record time then from profitable top 300 Aust company to administration in record time.


http://www.brr.com.au/event/51764/results-merger-and-future-prospects