Apparently they intend to list the salt project next year.
Funny part is I know a number of comapany who intend to list assets next year. Either we are going to be spoit for choice or their assets will be pretty heavily disounted.
In regard to Kicking managemnt whether they deserve it or not. I dint invest in TNT because personal investigation showed the project business case didn't stack up. I suppose now TNT buyers will want to kick me.
About the IHP process. Classic management indicates you don't build soemthing big until it's well tested.
With regard to arriving a the water trough / party analogy. You wouldn't arrive in a Ferari. You would arrive post accident pushing you vehicle with the one arm you have left.
Ann: Quarterly Activities Report , page-7
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