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Chris2016

104 Posts.

7

11/12/18

21:17

Post #: 36825218
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Originally posted by BT6487: ↑

Biggest gripe for me is that for the past 12months since the thickener circuit was installed, IOR have been telling us all is well (through their rare communications to shareholders) while clearly it has been anything but. Even at the AGM they painted a rosy picture.

Heavy rain and contractor issues they said, playing it down. Seems that was just the tip of the iceberg.

Aren’t we supposed to be receiving the Phase 3 long lead items from overseas in December? How’s that??

I wonder how FS feel about this as they are well down on their initial $10million investment.

The least Mr. Mandelawitz and Henbury can do is grow a set of balls and front up to shareholders. The huge salaries and performance bonus’ demand it

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Well if we look at the positive I don't think we need to worry about the performance bonuses. From what I remember they were tied to the success of Phase 3.

IOR Price at posting: 6.9¢ Sentiment: Buy Disclosure: Held
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