Hi Jrowl and all,
For a time I considered if the current bunch of clods masquerading as managers had some kind of agenda for destroying shareholder value or were part of some illegal activity to benefit themselves.
However; now looking back after mistake after mistake and the current total company destruction I can only come to one conclusion. Possibly by accident it would appear that the company has attracted on mass the finest selection of business incompetents in the history of business.
I’m now afraid we have little chance of recovering little of our money; however, we should probably try and save as many future investors as possible from harm by these people in the future.
1: How can you sell Henty a worked-out gold mine with no life?
2: We know Andrew’s skills as a salesman are simian at best, Sims Metal will probably charge a fee to take the Bendigo asset away.
3: NSW is a dead duck due to non-chemical processing not being allowed on site. Any money invested so far will be a free gift to the next owners and they will need it if they ever manage to get the mine into production.
If any of the names I have in my head at present ever con their way past an interview with another mining company, that company will receive from me a list of the entire litany of management decisions made by UML . Although having said that any prospective employer considering the kind of idiots that take a company from 17 cents to 0.7 of a cent probably deserve all they get.
A Pox! On all their houses.
Cheers and very best regards: Andy
Hi Jrowl and all, For a time I considered if the current bunch...
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