Ann: Fifth Supplementary Target Statement , page-5

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  1. 7 Posts.
    Sorry guys they (The CEN Board) did attract a big player who offered a JV cash and expertise.

    I was amazed when "you" (CEN shareholders) voted it down, it was clearly a far superior offer to the cruddy RUM takeover you now seem destined to have to accept.

    At the time there were shareholders who wanted to vote down the Monument JV so RUM would offer a better deal? I'm not to sure what drugs or how deep in fairy land they were living.

    There are others who say that the RUM team had the expertise and experience it doesn't seem that way as it has taken them three or four years to get to where they are now and CEN has a substantively larger resource and they did that in a year or so, seems to me CEN were more focused but they couldn't raise the cash.

    I think the days of selling everything to the Chinese are over! and if you didn't notice they didn't buy up big in Australian Phosphate companies.

    I think more hard times and disappointments are in store for the long suffering NUP shareholders.
 
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