yes exactly but what are the percentages of failure for these small fledgling companies, usually it is down to lack of money or bad management. Dreams are marvellous but someone somewhere has to have a business plan. One year ago the spigots of finance were open full throttle today no-one even rio tinto can get access to too much. Business plans should incorporate all types of catastrophies and managers should be nimble and able to change direction on a threepence. Trying to follow through on plans a year ago in such changed circumstances today is rife for failure. imo
OEL Price at posting:
7.6¢ Sentiment: None Disclosure: Not Held
