Wondering if Hutch knows he'll be the only one going to jail when the rest of the world finds out we're trading insolvent? It appears JIANG dictates to the board and not the other way around. The mine is currently being co financed ( to the tune of $20M) by a privately contracted company OZ Mining. our mining company (not sure if that's kosher either).
Adam Norton's (Ex GM) company BIMS offered $40M in a refinance package flatly refused by the CEO let alone the board. Not long after the offer Adam gets the bullet? Again one has to wonder why JIANG continues along a path that does not assist the company or the shareholder. WHO DOES IT ASSIST?
So come on, investors all. Enough is really enough. ASIC as we know are the toothless tiger and these guys know it. Maybe time to involve Stephen Mayne, shareholder advocate. He'll make it public and maybe we can all star in a 4 corners documentary.
Anything is worth it to stop this trainwreck.
CDU Price at posting:
23.5¢ Sentiment: None Disclosure: Not Held