EMS 7.14% 1.3¢ eastern metals limited

manufacturing update, page-28

  1. 236 Posts.
    Aside from blatantly ignoring any commentary on BP (the reason why the share price hasn't budged one spot IMO) to me this suggests that the trade sale route is off the table and we're heading down the "let's go it alone". Any views on this?

    As much as I love taking this blue-sky approach, I'm yet to see anything in management that this can be done with appropriate returns to shareholders... Perhaps another reason why we're yet to see any real movement today.

    Alternatively 20k units is a practical test run? Although with our cash trajectory, I'm not sure we will be able to afford such a luxury come December...

    I just wish we had better management (or communication) and that's the rub of it. J.
 
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