Aside from imho basking in his own glory from the Pajingo outcome ( admittedly he bought it well)Robinson still hasn't advised the market of tunsten grade/cost issues....ie is it profitable on a sustainable basis ?. After numerous previous comments to the market about interested parties and production levels he now seems reticent to tell us the current situation. Can anyone shed any light ?. The accounts are not easy to decifer inmho.
Just hope he doesn't believe his own retoric about rolling the convertibles and buy something else in the meantime, leaving little or no cash for redemptions.
Wonder if his ego allows him to ponder that HSK is high on the list of worst performing stocks over the past few years so what interest rate would that require on any new notes issued ?. How would that interest be serviced ?.
Following the,imho, recent display of greed over the performance rights many shareholders voted with their feet and i can't find any brokers interested let alone positive in HSK. Pity as it all started so well.
Patient shareholders many of whom may have been keen supporters and even friends may well now look on in disbelief but he just clearly doesn't get it. The penny will drop eventually..... or will it
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