Ann: Corporate Update, page-5

Eyeover

What do you think of the independent expert's report?

It reminded me of one of our previous differences. I said that FWL didn't know what their costs were, or whether it was profitable (Yalgoo). You assured me that they had produced figures. Brett had also said that a pre-feasibility study had been done, in one of his presentations. Yet the expert said that there was no pre feasabiliity or feasability study.
It appears to me that he accepted all info provided, and produced enough disclaimers, to protect his ass.
How did you read that?