Just on what basis do you make these unsubstantiated claims??
"......The above problems have plenty of downside, in fact they could lead to insolvency."
".....and a Board that has shown through its interactions with Maxwell that it does not provide strong governance "
I agree that DM was paid big money -- but that is that - no basis to claim your statement above. So what else you got to make that claim of poor governance. Shareholders approved each and every Rem Report, and if the big s/h were unhappy with Mgt pay, they would have screamed loud and hard.
Re the first quote - you ignore the fact that COE is producing very significant cash flow from Orbost.
Sure Orbost is not producing at nameplate.
But even at the lower production rate it is throwing off big free cashflow.
So how does that lead to insolvency.
Sure OP3D is years late (not really COE fault), and I reckon costs to complete will blow out, but if that would cause OP3D development to look unviable, surely COE would simply just not proceed??
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