Michelmore said this in Oct!! also said will be 20b company by 2010-11 ($6.50). But disclosure and regular updates re PH and others has been non-existent. I think that Richard Hedstrom (investor relations) wants to do what he was doing at OX, i can only think that the person in his way is Michelmore, who wants to release as little as possible, and maybe Cusack can do what Mansell did at WAN and resign, would not hold my breath.
Quotes from MR Michelmore on Friday 10th October, 2008.
"Importantly though, it also created a company with a strong cash position which is enabling us to fund our organic growth and development ambitions."
"We have access to capital to fund development projects in a time where raising capital through traditional channels is increasingly difficult if not cost prohibitive."
OZL Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
