I have no quelms with Woods ability to manage a mine but he is...

I have no quelms with Woods ability to manage a mine but he is not financially or legally savy, To qoute a price for Tamaya on a hot day rather than on a rolling average is either inexperience or something with litagous consequences as it could be construed as inadequate bidder information refer page 1 of bidder statement para 2.

Paragraphs 3 and 4 are beyond the average laymans understanding being based on stochastics. It would have been simple to give an average sp for both companies for the preceeding month but no they didnt


I wont be doing the 1 for 4 deal but I will be selling my stock now as feel management dont have the requisite number of gonads to take IBR forward. However the guys at tamaya are smart cookies even if their operation is not in the lower cash cost quartile like the IBR Au operation is.