What a joke !!, page-5

Have to agree with most.
Tony should take a pay cut as the company is under performing .
At the least he should move to a performace based payment system with a low base salary
A deferral of his huge salary till the company is making significant profits either through sales of Fe or sales of assets.
I'd be more impressed if he moved his holdings to 100 million shares,that would be a significant mopping up of the over hang and demonstate that he is committed to turning the company around.
With significant funds of his own invested he may well restor some degree of confidence.
The lack of repoirting on the monies owed by Timmis and if they are secured needs disclosure if anyone is to believe anything the company has to say...which to date isn't much.
More action, less vague incomplete reporting and discontinue burying important information is what is needed.....
And no more lending money ....not that the company has much left to lend.....
Getting ripped off for the last dividend destroyed the companys' credibility.
Investors held and other bought on the understanding that the company would pay that second dividend.
This has resulted in most losing on selling or for those that held and continues to hold they have a significant paper loss..for for offsetting losses against profits for Tax purposes only.....if they are traders
It was a gross error of judgement to use the dividends funds to buy into Timmis and many see it as a betrayawal of trust.
Investing it in Timmis when it was clear to a court fool that BHP and Rio were going to continue dumping Fe into the market ,hence even a court fool had to know the price of Fe would collapse...

What surprises me is that this has never been a producer ,so never relied on sales of Fe ,but unlike the post 2008 Financial crash period this time the share price has crashed.Previously it weatered the storms and the price held up at respectable levels.
By design or by misfortune is the question.
Now Tony go out and mop up some more huge parcels of over hanging shares....and cut down the admin costs to the bone.