KAU 6.25% 17.0¢ kaiser reef limited

We need a LOT more details on the acquisition.I don't need the...

  1. 875 Posts.
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    We need a LOT more details on the acquisition.

    I don't need the funds in the foreseeable future so being suspended isn't a big deal for me but I understand the frustration from investors who were here for quick LFB results.

    I'll reserve my judgment until I see all the specifics about the tenements, mine and plant.

    One reassuring way to look at it is that management have a lot of skin in the game and their performance incentives are share price based and not market cap based.

    So at least, their interests should be aligned with ours if nothing funky is going on behind the scene.
 
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