Ann: Update - ASX Enquiry, page-94

I say “ believe nothing of what you read and hear, half of what you see”
The report is carefully worded and yes, management have left it open and we choose to interrupt what we want to see. It seems the report was designed to avoid criminal charges. IMO, avoiding criminal charges means Clee & Co including Sarah Smith must step. It indicates that others will be be invited on the board. My belief is that a joint venture / partnership will be in place and bring in new Directors. This option will install credibility and HDY will move forward without any CR required.
If this does not happen then it’s bye bye.
I’m currently on holidays with a few friends and I reckon I could raise $3-4 mill at the local pub. If the current HDY management can’t raise sufficient funds privately without CR then we are heading down the same path as before.
Somehow I also feel that whatever happens with HDY will also reflect on VIC.
Weather we agree or disagree, this forum provides us many valuable views / opinions to consider.. BUTT.......
Hey SB, geewhiz you sure can spin it Are you sure you don’t work for these jokers.