re: Ann: Notice of Annual General Meeting/Pro... Hi Rets
Had a quick look through the financials and it looks like they have a provision in the accounts to write it off??
Like I said I had a quick look. When I get a chance I will have a more in-depth read through the report.
The only director still around from those days is Peter Wall and IMO he brings nothing to the table for this company.
And if they have written off the $500k thats nothing compared to the money they threw at geologist to confirm 2 DSO mines and what have we got, low grade magnetite. It was their requirement that the mines MUST be DSO so what happened there.
Another bee in my bonnet, why should these guys get their bonuses for first shipment etc when they are or will be more than 2 years overdue?????
Joe
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