Thats really funny 2ic. I am talking with my money on the line and dont appreciate being given a take it or leave it without having any say when it comes to my family's and friends' assets ... suspect all other shareholders are in same frame of mind.
Been in this since 1997 and feels like I've just lost a family member in a bushfire or something. What motivates you? Are you taking a racial line now, again?
A few simple and professional timely actions would have prevented all this IMO. Now instead we have 3 foreigners (non-Australian entities) sitting over us ... and shheessh, non of them are Greek ... er Ozzie ! Say what ?
This project was originally a dream and took on a reality ... even national pride if u check past NT government releases ... to the point where hundreds of millions of dollars were spent. IMO it just had to be handled properly and we would be sitting like others who made the right timely moves.
But what the real pain is for mine tho, even tho the right timely moves were IMO not made, no-one's perfecdt hey, we were never told about the reasons why the stuff-ups so badly on capex, timing and operational, on which to base our ongoing decisions to hold or offer our assistance as shareholders.
U remember my "sum of all fears" post when HNC dumped half theirs at 410 way below then market price? Looking back now, seems like thats when we all should have heeded the early warning signs. But at the 2008 AGM later we were effectively told, lets forget about past "accidents" and look forward to a rosy future ... effectively "leave it to us, we know what we are doing, you dont need to know anything" approach. You were there, you heard my disappointment ... stupid me, not only did I hold but also tried supporting it from 160 down when others were selling / short selling it. Yeah I know ... what a fool.
This "Olympian hypocrite" is losing much sleep seeking alternatives in trying to keep this project in Ozzie hands. What are you doing 2ic? Whats your ongoing interest in this?
Am expecting something from the NT minister on this ... oh no he's a Greek too .... reckon he'd be interested a bit on the "national aaset" interest line, or maybe "Olympians" shouldnt have any say on ozzie "national" interest
IMBOOC
CMR Price at posting:
15.0¢ Sentiment: None Disclosure: Held
