WDR 0.00% 14.5¢ western desert resources limited

C'Mon Norm, page-36

  1. 3,482 Posts.
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    If they can't make ends meet now (nor their hedging price), it's going to be an uphill battle going forward. They've paid highly educated people a lot of money to crunch the numbers to make it sound feasible, and guess what? it hasn't been.. And at this time of year they really need it to be. Have a lot of the real world costs and situational changes been left out to make it look pretty and justify peoples job existence? I'm not an accountant or a MBA, but things don't always work as they should on paper. Especially in the tropics.
    No point justifying a poor performing company that isn't living up to expectation. This was always going to be high risk in the fickle IO market. Emotional attachment best left at the gate.
    Maybe open for a take over now that a fair portion of money has been spent setting up??
 
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