@edouardo
'Problem is they have no knowledge on how to run such a company and now we get the Investors update which quite frankly is really hard to understand what they are talking about.'
If you dont understand why post here and why invest in shares?
Alot of people are losing, including me.
Are you a 'sadist'? You like putting people down?
Take a look at the ASX and see how many directors/executives are running their successful companies.
This is for the dummies, what Nathan Lude has done for the company so far;
1. the recent capital raising around $6.2 million
2. Chinese joint partner to get rid of the gold and base metals into the new company 'Austrasia' for 20cents, which by the way Emergent having 20% of it as well.
and
3. got rid of the management that everyone was complaining before for cost effectiveness.
So now we have full concentration of the flagship Beyondie iron ore project and other possibilites in downunder or overseas.
regards
yesiknowable
_______________________________________________
My insides are telling me SXY is on a high :-)
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