SDV 0.00% 50.5¢ scidev ltd

"Importantly, the company remains solvent". DS 9/9/2008"It does...

  1. 279 Posts.
    "Importantly, the company remains solvent". DS 9/9/2008

    "It does not provide a causal link to the solvency of the company. The company remains solvent".DS 17/9/2008

    The words solvency and solvent does not inspire confidence for the future of INL. IMO there seems to be a perception that INL is close to insolvent otherwise why does this question arise?

    Who 'shot' INL?

    Was it the Tassie 'Greens'?
    Was it the Tassie Govt?
    Was it the EPA?
    Was it metal traders with their low metal prices?
    Was it the hedge funds?
    Was it the conservative mining industry?
    Was it the banks?
    Was it bad luck?

    Or was it simply just bad management of an innovative company, with highly skilled technicians, with nobody capable of 'selling the story' to the market.


 
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