Tony,
I share your doubts in the current managing director and his team.
I just struggle to figure out, what JervoisVision2009 exactly is going to change. Just bringing a Chinese party in, who invests in a pilot plant, does not necessarily mean anything Jervois shareholders benefit from. This can be a great deal for CR and/or JRV. It can however also be a complete disaster for either party.
In my opinion, JRV should simply sell Young to CR at fair value and then start liquidating the company. This would most certainly benefit shareholders to the maximum possible extent.
Regarding your 60 Million Dollar (USD or AUD?) figure: I can not verify that amount, as I have no clue, what you (or whoever) are (is) going to spend this money for. Can you elaborate that in more detail?
Regards
Hydro
Tony,I share your doubts in the current managing director and...
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