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Transport/Scoping Study Build Up, page-202

  1. 9,214 Posts.
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    @Obe wan
    "Ozblue gets things wrong regularly enough and his bias opinion / love for PLS is blinkering him.

    IMO you are going to see how wrong he is shortly."

    I've been in this game for nearly 40 years, and yes I get things wrong more often than right. Every single company that I have ever bought shares in, management have been wildly optimistic of what they can achieve. Only a few ever come through. for that matter every single company I have not bought shares in, management are just as enthusiastic about their future prospects.

    I hold the managements/BOD of most (NOT ALL) of these speculative companies in about as high a regard as used car salesmen. I received that education from CDU, and bailed there for a small loss. If you think my posts here are negative, you should read what I've been saying about that mob from the day I bailed.

    I have NOT fully bailed out of this company because I still see hope for a good result, but the former chairman selling many millions of free shares has put a huge dent in the future prospects, especially of cap raising at a decent price.
    Currently we have a total lack of demand for the shares, mainly IMHO because like everything else, the SS is way behind schedule. Meanwhile the company continues to chew through cash.
 
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