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4,966 Posts.
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23/09/10
00:11
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It was one year ago today that the Zheng Guang project sale was announced.
Buyback on hold (how low do they want the price to go?)
12 months without finding a decent project (assuming they started looking when they sold Zheng Guang, maybe earlier)
Project acquisition seemed more distant qtr on qtr even though cash burn was up (over $1m on admin)
To directors (although i doubt they read hotcopper from Beijing, Hong Kong or wherever else they are based)
How much longer? What exactly are you spending shareholder funds on?
Find a decent project soon or make way for someone who can.
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