It's an interesting article, especially as it amounts to "commentary" coming from the company about a project that has been covered in secrecy the whole time. I do ask however (because I am forever sceptical), is the company getting away with basically saying anything because it's a blog post on a website rather than an ASX announcement?
I guess the point I am trying to make here is if this information was released or included in an ASX announcement there would be consequences to making such claims. As an alternative measure, to keep parties interested it appears as a blog post on a website (although great commentary don't get me wrong)! The company could potentially say anything! It's keeps punters interested, salivating with excitement that the next decade could bring about unbridled wealth for a peanut investment now... but is this prudent management or Disallowed salesmanship?
I only ask because we need to view two sides to this story. I sincerely hope the blog posts slowly morph into ASX announcements because blog posts are not going to get institutions interested, offical announcements will.
What are peoples thoughts?I am happy to hear both sides of this argument. I want progress like all of us here but I am forever sceptical as it's us shareholders that have been burnt time and time again.
Enjoy your weekend folks!!
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