Right- I just wandered in to my hotel drunk at 2.10 am after running with the Manilla hash house harriers outstation run all day .
My First thoughts are This is a crap done announcement.
But IMO the beef of it is right though. CLA has logically to go slow and save cash and go a bit slower till co price turns. I've been pushing for that for a while. In thoery hapy to see it taking place. We do not want to have to do a new cash raise down at these levels.
But we do need to get the resource upgrade done and the SS out as is/was the plan. Lets see if the plans/schedule for getting those out have changed and if so why.
look its late and I 'llneed to make some calls and find out what is actually going on. Im not doing it now. I will let you guys know as soon as I find out. And of course I feel I shouldn't be the one doing this doing this. Management/directors of their paid consultants should be explaining all this in more detail to all all of us.
Its just just really bad timing for me as Im doing the 20km ballbuster run tomorrow out of town and ill be off line for most of the day as I don't have a phil sim card I need internet for whatsup coverage here.
and yes of course I'm pissed off about the way they did this announcement.
Ill give my opinion on this ann later as soon as I get more info. hopefully before Monday!
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