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Ann: Invitation to Gold Coast Investor Briefing, page-65

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  1. 709 Posts.
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    Yes DM again restated frustration with what ASX allows in announcements, he implied the next quarterly would have some extra tip bits sneaked in.

    KLYSTRONN: If PL5 or 6 fails Mr Market will be punish us, our board are not rich men, they are not risk takers, and not about to bet there futures.

    DM genuinely wants this to succeed as much as us, he has to trust Ting and his team as much as us.

    So there is still alot of risk. WE are backing Ting. He saved us last year. DM admitted yesterday when he raised last year, with the placement, he had no idea if the company would survive, it really was PL4 or bust.

    DM's advice to me yesterday, "free carry" after PL5.
 
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