Gday Joel,
"Last December it was ok to release visual confirmations, but this year when it came to Jumbo and Yandi they haven't bothered. Clearly this is a deliberate change of strategy (by Matt and Barry) that has kept people in the dark."
Very good point but what effect will reports of visuals do to a SP in current market? When market is at its most volitile if someone is going to have a dip on a spec share they want more info than a visual. Climate has changed and so has strategies. 8 months ago people were willing to bank their house on rockchips picked up by a drunk lost in the bush. I think now people aint going to swallow that BS.
The point where I said "As far a SP if they are focussed on their strategy then the SP will sort itself out." was actually taken from Barry in Broome. Not word for word but I was somewhat enebriated at the time. Dont take that as they are totally shut off from where SP is but I think their beliefs lie at going forth with the program. The SP is the SP and when you look at producing companies UMC is fairing very well.
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Gday Joel,"Last December it was ok to release visual...
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