The listing was over 12 months late, at half the indicated price...

The listing was over 12 months late, at half the indicated price and since then its gone south.

HR and his team have been extremely well rewarded and continue to miss milestones and dilute the shareholders.

"he puts in what he needs to make it happen" as far as I can see he has put in nothing (other than his time that he is well paid for) and not a lot has happened apart from endless missed opportunities.

Perhaps it is foolish to stick with a stock so long but I believe in the company's potential and leases just not the way it is being directed.

HR has done a good job acquiring the leases but under his direction the company is slowly dying as all credibility is being lost.

How else can the pi-poor share price and volume be interpreted.

If the leases are good and management good then we should be at least at Lockes “White Range” discounted in ground valuation of 28c/share (as I recall this valuation excluded all the other leases).

It's not the GFC holding this company back.


Newbie Thomas