OK.. reviewing my position and .... AS ALWAYS... IFE looks good!
But I have to say that I do hold based on positive, published statements.
That it is imagined that the Board comply with transparency and good faith in looking after shareholders/owners.
Issued on 16 February 2012 only 6 weeks before the second quarter start...
http://www.asx.com.au/asxpdf/20120216/pdf/424d4fdb4c4qqw.pdf
"The Wilcherry Hill Iron Ore Project ..... is on track to COMMENCE SHIPMENTS of DSO for sale to international steel mills in the SECOND QUARTER of the 2012 calendar year"
A publicly listed vehicle of choice for travelling circus tours? This certainly has not been a vehicle that knows where it is. Just a few clicks from Alice Springs... or are we just outside Cairo?.. maybe we are east of New Zealand... no problem.. be there in an hour. No compass, map, gps, and utilising a blindfold so we don't get eyestrain.
I am happy about the professional team latterly assembled, however the duty of care to shareholders/owners in the statements above is missing?
no idea?
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