sushi, it's not for me to argue with your logic, you are...

sushi, it's not for me to argue with your logic, you are entitled to your opinions.

my opinions of your mismanagement issues:

1. Getting themselves a whole bunch of options for themselves. - agreed that they were excessive, but they have cancelled a whole lot of cheap options. Take the net affect IMO.

2. Failing to get bank/debt funding for the project - they haven't failed anything. They said they hoped to achieve a mixture of funding. they have achieved 2 components. I suspect debt funding will be utilised for the w.c. required mid next year.

3. Diluting ordinary shareholders down the drain - they havent issued any stock; what the hell are you talking about?!?

4. No 'on time' gold results - they should of released these by now, absolutely no doubt there. Unless they havent received the results? I doubt it. Probably just too focused on the I.O. project. No excuses IMO.

5. Missed deadlines and timetables - agreed, they were too keen with their dates in hindsight. I suspect that you would need to consider external factors into this before blaming management entirely for the delays.

6. Failing to respond to my questions. - dont know why they wouldnt respond when i get responses. But i call, not email, so i guess that may be a factor (not that it should)

And as far as I can tell there is no production and none schedule for at least a year, if then. - production is scheduled to commence in Sept-Oct 2011, some 9-10mths away. You might want to re-read the DFS, various presentations, re-listen to BRR, re-read broker reports, and look at their website, that's if you wish to understand the timeframes.

Overlay all that data and information with the fact that there has not been another project like this brought into production in Australia. We are an anomoly, a freak, a chance to do something special (if mining can be labeled special)

goodluck sushi, i hope you find peace elsewhere on the market.

cheers
Split