on fire !, page-11

Well, no need for conspiracy theories here. What resources investors often seem to forget is business is all about making money. It's not about being in production, having a resource, talking about the future that doesn't come to fruition in 99/100 cases anyway. Given all these "successes" that the company keeps harping on about, where are the profits? Management had repeatedly said the first/second/third campaign could/should/would be cash flow positive but as far as I can see it never materialised. At some point you just have to deliver. And HAZ might have missed that point. The impression I get away with is this: The operation is not nearly as profitable as we had been told all along. I reckon the market agrees to (and prices in) my opinion with every quarterly report coming out that doesn't show any profits.