I now suspect that I have invested/gambled in another Chinese run operation that does not know how to operate or develop a project in Australia. Only IMHO, maybe they think they can run the company like it was in China. There are now a number of such operations starting with CITIC Pacific in the North West.
I do hope that the Directors can show that this is not the case by both communicating and taking decisive action, free up the control and let the reins land in competent and Australian Project Management experienced with the regulatory and operating practices that work in South Australia. Success here is not achieved by back door politics.
LML Price at posting:
0.8¢ Sentiment: None Disclosure: Held
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