AGM 0.00% $1.60 australian governance & ethical index fund

Todays report on the financial drawdown is presented as good...

  1. 151 Posts.
    Todays report on the financial drawdown is presented as good news.

    what it really says is that "oh dear we have run out of all the placement money and we have none of our own left"

    Plant construction finishing in 1st quarter 2008
    ie production starts 2nd quarter 2008

    Meanwhile we are still busily mining and stockpiling and successfully continuimg to burn capital.

    I think this pre production/treatment mining is an expesive mistake!However am now a holder again but am losing some gruntle.
 
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