IND 0.00% 17.5¢ industrial minerals ltd

The history of this Company over the years in it,s various...

  1. 787 Posts.
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    The history of this Company over the years in it,s various guises has soaked up enormous amounts of investor's capital in it's oil/gas ventures.OK they change management and 'rebrand'.What irk's me most was how they raised capital to drill two wells in Indonesia with in two to three months without a clue how the bureaucracy in that part of the world worked.With the new ASX disclosure rules we will be spared this sort of nonsense in the future I hope.
    Management should now be trying to 'make up' for the South Sumatra debacle.

    Being the eternal optimist I hope they can pull a 'rabbit out of the hat'.

    Had my rant-------feel better-----Cham
 
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