Direct from Marengo corporate presentations. The slippage continues. Tough going for shareholders. Is the board happy with their performance? Maybe higher salary packages are required to motivate performamce...!
Presentation date /Est CAPEX /First production/ Share Price
Feb2011 No CAPEX est. Production 2013/2014 34c
Jun2011 1.6B CAPEX. Production 2014 23c
Sep2011 1.6B CAPEX Production 2015 19.5c
Feb2012 1.8B CAPEX Production 2016 22.5c
Aug2012 1.8-2B CAPEX Production 2016 12.5c
Direct from Marengo corporate presentations. The slippage...
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