Share Holder Briefing,
I did go, but have not had time to put anything together yet, which I will (given time) on the weekend.
In short though;
Mike Fisher got the flick due to accepting sub standard research during the due diligence for Iberian. He trusted in what a scientist was telling him about the ore body, without getting in to the detail of it himself. Another director also got the flick, but I cannot recall his name right now.
Hugh, on a direct question, values the company anywhere from 10 to 25 cents per share.
Toronto is still on.
Announcements to come on JVs with large company/s to develop Filipina Grande and Santa Domingo iron ore deposits.
Actively selling assets from Lichkvaz and the Rishton Mill. Any monies received will go straight to paying off debt.
Also selling Australian leases. Again monies to go to paying off debt.
Generally speaking all angles were covered. No more negative surprises to come.
The focus is on Chilean copper and Chilean copper and ...
Cheers,
InHindSight
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