re: update
Seems Archview is outnumbered here. However, he does make a point worth investigating in relation Alan Lockett not taking up the rights issue when he said he would. Not sure how to verify it? I do note his other interests in NMI.
Irrespective, I'm reasonable comfortable in the experience of the board +130 years collective experience with Peter Gazzard being poached from Iluka(Aust biggest mineral sand operator).
Archview at 16c and a possible EPS of +10c in FY2008 even a worst case scenario - capex blow-out, delays etc - should produce a EPS that would justify a re-rating. I see myself as a relatively experience investor (not day trader) and spend the time to scroll through details to clarify potential risks. As such any specific comments you want to make about the OLY or its directors are welcome.
OLY Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held