MY ISSUE is that they say this is the "latest report from...

MY ISSUE is that they say this is the "latest report from Management" but it contains cash position at 30 April whihc is clearly outdated.

They even came out with Qtrly activities report on 31 July (for period ending 30 June 2012) which stated net cash position of 12.1 million.

The 4th quarter targets are just that, targets...they will probably come out tomorrow and quantify it by saying 4th quarter 2013 or something ridiculous.

And wotoil...regarding this comment "Very large potential. Needs strong commercial acumen to transform company from explorer to commercial producer and realise value for shareholders"

Blind freddy could have told you that...nothinig in this announcement makes me feel as though anyone with strong commercial acumen is running this company.

I mean, the "presentation" doesnt even say who wrote it?
Does that mean RC isnt willing to put his name to it...or was it conjured up by this new PR crowd and sent to the ASX off their own bat?

Highly unprofessional..highly.