Hmm ... "Seems a lot just want to point the gun at this Company And live in the past" (sic)
One of the reasons the police keep records is because past behaviour is a very reliable indicator of future behaviour.
The whole point about referring to the past is that this company has, in my view, developed a habit of announcing much and delivering very little. Perhaps pro posters might like to develop a countervailing argument that lists their achievements?
"Best to get all the facts together"
Ok ... what a good idea.
Fact 1 : The bauxite program - where is that at? Fact 2 : The ML for the South Johnston 'project'. has not been acquired ... yet! Fact 3 : The South Johnston ML has been in their 'program' for quite some time? Fact 4 : The port which they planned to ship the bauxite through is still nowhere near appropriate for shipping large amounts of bauxite! Fact 5 : The infrastructure for the South Johnston project - where is that at? Fact 6 : The rail infrastructure - where is that? Fact 7 : Despite declaring that they would acquire 100% of Medcan - this has not happened - has it? Fact 8 : CGB have not yet delivered on all of the objectives / projections / plans noted in the initial prospectus. Fact 9 : CGB have yet to comply with all of the relevant listing rules - hence the ongoing suspension. If, that is not correct, then let's see the evidence.
Fact 10 : Perhaps, as a well researched holder, you might like to supply the tenth fact?
If you, or any poster, has any information to the contrary - would you mind sharing it please?
If not, then I think it seems to establish the fact that the history of this company might, indeed, have some relevance.
CGB Price at posting:
3.7¢ Sentiment: None Disclosure: Not Held
