One thing that I find extremely frustrating with this company is they're STILL wasting money on blue sky dreams eg Mooranbah Gas Project. I think they need to focus on getting the fundamentals of business worked out first. Ie earning enough revenue to pay wages and keep the lights on and becoming a financially sustainable company before ANY thoughts of expansion. It seems to me that management, both prior and current, believe constant credit raising is a sustainable business model.
QPM Price at posting:
3.4¢ Sentiment: Sell Disclosure: Held
