Management present to you, a big steaming pile of dilution.
What a fantastic result says MD Michael Anderson.
"This steaming pile is much bigger than the last one only last month. That MUST mean I'd doing a great job, right?"
(The MD of Capital Drilling nods his bemused agreement in the background).
What a brilliant result says Chairman AC, "Achieving this "accelerated"* Morilla production means the mine plan is "only" running $150 million over the budget I told you about just 1 year ago. How good is that?"
* Anyone noting the accelerated plan looks a lot like the original plan is asked to contact some PR looker for placation.
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Management present to you, a big steaming pile of dilution. What...
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