ION 7.69% 1.2¢ iondrive limited

Sau Resource Stock Presentation, page-7

  1. 253 Posts.
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    The mining business is traditionally risky. What I do not like in this company, is that they try to hide negative issues as happened with the not profitable Doughnut Jimmy matter before, first they anounce when info should be available, then they delay the finally negative info coming up with a very short note that it is not profitable yet (inspite of having so many supposed to be top guns onboard) and then they anounce new drills and do not come up with info. NEGATIVE facts should be comunicated too, it is a question of trust, and who knows that this is a volatile business, will accept it. They are now depending on bluebirds entrepreneurial efforts.
 
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