interesting times

Good summary, I tend to agree. A lot of panic selling right now which may well prove justified, but still a significant upside if they do manage to pull through the next few months. Big if though. Would be nice to see some directors buying now if they still feel confident.

daresay directors not allowed to trade any shares in the present negotiations over finance.
the quarterly is due tomorrow

as regards painting a rosy picture and giving timelines for production shipping etc - this rings a bell

pike river coal painted all sorts of expectations, including very high purity.
sure they could achieve the purity but at what cost - stepping it down a few % reduced costs considerably.



I had hoped with the new director appointed last year that VXL would be producing much better PR and keep all their toes