SF “I do notice the inability to look forward”
You must be taking crazy pills. Simon was pretty much the only poster on this forum to show any ability to look forward. He alerted us to the fact that recovery was poor with little to indicate that it would improve hence management was not performing well. At the same time the company was doing everything in their power to cover up and kept shareholders uninformed by seldom giving any recovery information but instead plenty of soothing statements like “throughput now at DFS levels”.
It was very easy to be lulled into thinking all was well but in actual fact it was the opposite having lost somewhere in the vicinity of $100m since start up. The last CR was actually a rescue mission. Without it the company would have gone belly up. In 18 months of production they have not yet shown any profit
Good News & Bad News, page-4193
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