WTM 8.77% 26.0¢ waratah minerals limited

Ann: Trading Halt, page-24

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  1. 7,041 Posts.
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    The quote about a November finish is very valid.

    I work in heavy infrastructure including mining andI know within a couple of weeks to where my program is on items over much longer terms than this mine delivery. Especially on the big transportation works over many years. So how come this 6months slippage wasn’t apparent to a bloke, and I quote a few on here ‘who has built and commissioned a mine’.

    I work as a commissioning engineer so I know what has to be delivered across the board. 6 months is pretty noticeable :-( and the bloke in charge has lied over a few presos about the true position of the project. That leaves a bad taste for one. And yes I know a few porkies do get told but 6 months?

    That and the share dilution made me a bit angry. I have a shareholding worth hanging on to and believe in he long term this will be worth it. However, the decimation of value and short term pain has had a major detrimental effect on the current funding and potential future investors imo. So I’m in that boat aligned with Harkens view: mighty pissed off but will ride it out.

    And I still don’t like the currentfunding model and I won’t participate in the SPP. They fcked the goat on that.
 
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28.5¢ 28.8¢ 26.0¢ $99.35K 365.4K

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4 104268 26.0¢
 

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Price($) Vol. No.
28.0¢ 3773 1
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