new issue, page-19

Yep Slogger I won't be taking part in CR and Big Bruce and Ords are going to have to stump up the bulk of the cash because what shareholder is going to participate when they can buy cheaper on market for a start and with so much uncertainty around. Big call by Bruce to back it so at least he's confident. Hey I think it has enormous potential, that's why I bought in and still believe it can come out other side. But it's certainly been a very amateurish start with very poor cost modelling and financial management. Seems to me it was very much a case of "let's become a producer as quickly as possible and let everything else take care of itself". Not good enough for a public company fellas. Expected more of a board led by Ric Allert who I have praised here before. I mean I just want someone to explain to me why there wasn't provisions in place for bad weather, and teething problems instead of running to shareholders at the first hint of problems and saying: 'Hey folks we have no cash because we didn't have an effective forward planning strategy in place'. Ordinary by any measure.