Hey BT
A lot of people feel the same way as you do. TU for you!
Mr Promnitz advised in the Quarterly Report in late January and again in the IDC Update in late February that the first of the high grade drilling results, as well as an Update on the PFS Report were both due out mid March 2012. Let alone an update the on Metalurgy of Mt Kare being due mid this month.
If they miss this date, as they have missed many dates in the past will upset a lot of investors.
You can be sure that they will be looking to reallocate their precious dollars into explorers who are more willing to inform the market on their achievements on a more regular basis and to keep the market informed of their project status. And I reiterate a LOT OF INVESTORS with a large percentage of Retail shares!
Even if for whatever reason they can't release this information, labs delays, engineering delays, poor weather??? Inform the market, don't just leave it hanging.
I would suggest an email sent to Mr Promnitz to make him aware of everyone's frustrations is in order.
If you are not happy with the current performance by IDC Management to keep the market informed as to their achievements, then it is your right to let management know how you feel.
It is your money they are using to drill/analyse/explore/engineer Mt Kare into a gold mine.
[email protected]
Cheers Nectar
PS: I'm still a very big fan of the project and company, and they have achieved a lot in only 15-16 months on the ASX, but constantly missing dates on expected announcements is unacceptable. If IDC Management feels that they may not complete a certain task by a certain, previously stated date in their announcements to the market, then they should ensure the market is made aware of these delays and reasons why.
Hey BTA lot of people feel the same way as you do. TU for you!Mr...
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