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Crunch time!, page-10

  1. 845 Posts.
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    I'm sorry but I think that is a very uneducated statement.

    Although I have been very critical, I am feeling reasonably upbeat, albeit on very little feed from the business.

    We know that they have appointed a new US lead... that is a very positive sign.
    We know product has been applied - where and quantities are vague though.
    We know that Dianchi is currently trialling... very positive sign.
    We know that they were finalising a new Chinese partner - this is a good thing regardless but how good is yet to be disclosed. Will it be a big player with long pockets or a fringe hitter with limited resources?
    We know that they still have a good cash balance and that that cash is in Australia... that is very positive.

    I don't think there is any reason to believe that another extension will be requested, especially considering we are only days out. If they thought that there was going to be further issues then I'm sure the market would have been informed already?

    This suspension although extremely frustrating, I feel it has been probably the best management that we have seen in some time.
 
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