UNV 0.00% 16.0¢ universal coal plc

disgust, page-10

  1. 204 Posts.
    Terrier, I don't know what you're talking about: "different time frames for different individuals" - look at this link - http://www.youtube.com/watch?v=SyqqIsXCa8M Tony Harwood then chairman claiming Universal was going to be in ROM production at Kangala in 2011, yes 2011! That was why I got into this company at that point. SP had gone to 46 cents after listing at 26, price targets of more than double etc. Yes, a lot has happened to the whole sector since and especially SA miners, but that claim from Mr Harwood was total garbage and it was just never going to happen - no funding, no BFS, no anything.
    Every time frame since has involved delay after delay after delay and the level of communication from this company is simply pitiful.
    it hasn't been a frustrating few months, it's been a frustrating couple of years. They should have "firmed up" the resource at Berenice a long time ago, and if they can raise money at a premium from instos why can't they get any interest from the broader market?
    What senior management have you met? What "significant other investors" are you talking about??!!!
 
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