I've spoken to SJ about giving us a mid qtr update previously ....

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riskreward1

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27/11/17

10:32

Post #: 29136860
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Originally posted by flaming ↑

@worzel1

You would have noted the circumstances which I have related where I think it is necessary to update the market. I have also stated that I don't expect management to make it a regular practice. I also gave an example where a market leader like EVN can do that unnecessarily, why not the tail end do the same when it is much required.
To put into analogy....." A rich patient not so serious is admitted to the special ward(ICU) on the other hand a poor seriously ill patient is denied even a general ward."

At the end of the day, it doesn't really matter what you and me think. We can vent all our frustrations all day, it won't change anything.
However, no matter how grumpy I am right now, every passing day with no announcement, I take it as management inching towards their guidance. So in this case " No news is good news".

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I've spoken to SJ about giving us a mid qtr update previously . Not going to happen. He does not want to set a precedence of giving irregular updates. No use giving us an update one qtr where it might be good and then don't give an update the following qtr. can you imagine the rumours and whinging that would go on here if that were to happen.
Anyways, for me I'd rather mgt focus their time in getting the operations humming. We have been very patient and any time lost in preparing documents for shareholders is previous time lost imo. We are at the most critical time in the company's history. I still have faith we will turn this around and get the sp back over 50c where it belongs.

BDR Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
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