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01/09/14
12:39
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Originally posted by Beardy
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Well gmac55 you may be right about what they said a year ago, but I think what they said in March 14 quarterly , is more relevant
Misleading investors is a dangerous business---look at Worley Parson who are being sued for misleading investors.
I urge everyone to re-read March quarterly in particular the parts about 75 % nameplate capacity , and then check that info against June achievements.---I reckon investors were lied to.
Really simple questions need to be responded to---that is 1 When does management expect to hit 75 % of nameplate capacity ? ( lets just forget about 100 % ) 2 What costs are to be incurred in getting to 75 % ?
Management have gone into their shell in the June quarter , and offer no time frame and no cost estimate, and this is known as zero accountability----
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A lot of these fundamental questions will have to be answered in the Annual Report....they have no choice. The report is due very soon. Does anyone have an ETA?