the freight train from utah . all aboad

Thanks for the great post L2
: )

- great return volley,
i think you were bound to catch Sydney taking his eyes off the ball .......

And I agree with your sentiment -

1. 'Management' -

- while not verbose - announces facts.
- Why adversely affect the SP by non-representative progress reports, when
the bigger, ultimate prize is in view?


2. 'No Material Production' -

- Has any of Twiggy's FMG's IronOre left Austrialia yet ?
Shareprice $ 9.56 on closing, as of Friday. ' Rates ' is a verb not a noun.


3. ' ? Recoverable Asset ' -

- Information re the geological terrain, statistics on snow fall, past results re
gas recovery and engineering vs commercial considerations, has been on public
record since the year dot.
I have no doubt that this ' resource-experienced ' management is intimately familiar with all these statistics, risk protection, project management and
specific goal directed business planning.


'It could be too tight - you know' - is American, movietone speak for......

'It sounds like I'm an authority on the subject, but I know little, and this statement
could mean absolutely anything but it actually, means nothing'.


4. ' Ditch' - does not appear in the Thesaurus as an alternative definition of 'Sell'

5. 'A company running out of Cash' -

- An alternative explanation maybe that of a company using ( to the max ) - its borrowing ability, cash management and exploration capabilities,
coupled with researched and considered time frames ( despite setbacks ) to sell an asset at a huge profit ;
- in a predictable, booming resources market in a country with a ferocious need
for non-renewable energies.

6. 'Approach Equity Markets again ' -

No - I dont think so.

Especially when Dolly has just about finished dressing and now putting the finishing
touches to her makeup for preparation for the : -
' M & A Ball ' at the 'energy sector' sponsored - Utah Townhall shindig.


Watch out for that Marion Freight Train folks ........She's Sydney bound !


thank you for sharing your expertise with us, L2


Cheers,