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Ann: Notice of Annual General Meeting, page-151

  1. 20,559 Posts.
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    Consider an example of 5.5c to let's say 27c. That is a five fold sp increase, potentially in just 12 months. That would be a very big return.
    Waiting for full funding and evidence of construction being well underway could easily see the sp at 15c.
    15c to 27c is less than a two fold increase. That is a huge difference. Some want the peace of mind of waiting for construction but some of us like that much larger leverage from 5.5c.


    IMO - focus on the reality of missed deadlines and no funding and phosphate project being put on hold

    Focus on insolvency as without funding this is almost inevitable without a 1-2 billion share CR

    Re read risks in annual report as you clearly have ignored them

    IMO @chuk
 
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