Hi Chops
I thought id share something with you after reading your last post
I was in SDL years ago when they were 8 cents,the board they had were superior with George Jones as their ceo,He is in a class of his own if you know what hes done to some companies,anyways as you may know sdl are iron ore guys like fms only they have ore in Cameroon and congo,2 different places in Africa,these guys managed to bring the sp from 8 cents to 66 cents in not that long,they signed deals with both Cameroon and Congo governments,flying to Africa and back always.Shareholders had confidence and trust in them.
Everything was going great until the whole board died in that airplane crash (may they rest in peace) After the crash the sp started to spiral down but hung in there a while,they organised a new board (no drive or passion) I saw it first hand at the agm.Ever since then its been all down hill to 9 censt now.
My point being is the original board with Don lewis,George Jones etc had a passion and were taking their baby all the way to production, remember they were dealing with 2 different places.Fms have been p** fartin around for 2 years and cant even put a deal together in their own back yard.Which tells me about the calibre and class of "our" board.You can see on hotcopper that nearly all trust and belief in them is nearly gone,should they come out with a cr I think it will be pretty bad on them.
You just cant say "exciting news in coming weeks" middle of November last year and just leave shareholders in the dark.
Like I said before starting Friday I will be selling down my shares,i have not faith and trust in these guys anymore,same old crap after crap and never deliver on their words
Cheers indigo
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