positive and negative, page-11

Hi Gumboot, I am unsure of what you are implying.
Although progress might appear to have been slow, as mentioned by Beatle (and the Chairman)there has been significant progress this year. There was also a little event called the GFC that seemingly blew previous financing out of the water and would have put this and many many other projects in doubt, at least for a while. I note that both GE and LG have significant holdings of shares themselves, with GE having increased his through the previous financial year. The Annual Report shows salaries for both, which are certainly not excessive imo. It seems to me that senior management have got plenty of incentive to get the project up and running, as their long term payoff will be the same as for shareholders i.e. a significantly higher SP.