I agree with Ian.What is concerning is the high cost of...

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  1. 205 Posts.
    I agree with Ian.

    What is concerning is the high cost of Australian labour and by extension over-promising, under-performing CEO's on large pay packets of shareholder funds.

    The strategy of this Company is unsustainable without cash flow. Same problem for well over a year and little light at the end of the tunnel from what has been published.

    The "dirt" may look ok from results, but without a focused and affordable plan to dig it and move it, it will stay dirt forever.

    I hold in hope that IFE can finally get off the ground and provide cash flows but recent downward prices and undisclosed operating costs may keep this mothballed for a while.

    Still so many unanswered questions after all this time.


    Oh but remember the success of ROL. As if that helps !


    ps Howdy to all my HC friends out there, its been a while.

 
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