re: mr kain in sydney-bmd Hi,
Sorry for the confusion. I went to attend the meeting at Bell Potters today at 12:00 and was told it will be tomorrow!
As I can't attend tomorrow (work committments), I asked David Leslie (private client adviser at Bell) to ask the following questions and provide feedback if possible.
a) As per quarterly, they have enough cash for this Quarter. If no commercial flows from testing in next 3 to 4 weeks - what are their plans for company survival (as they won't be able to raise more cash in this environment).
b) If as they say they are sitting on hundreds of BCfs of gas - why it is taking them almost nine months to test and prove it to the world
c) Who are the strategic investors who wrote recent SPP at 5c when market price was around 4c
d) If possible, try to separate the chaff from the wheat. Find out if Mr Kain is a spin doctor or for real or just plain gullible.
If I get any feedback from David, I will let you know!!
NEO
nuenco nl
