Well, I guess you could believe whatever but the facts are...

Well, I guess you could believe whatever but the facts are blatantly clear.... Once IEC held the best coal deposits in East Africa, their management lost total focus on properly developing these assets, instead they tuned themselves into self interest and cultivated whatever they could from any other self profiteering opportunity and forgot... hang on we are in a JV with the Government, hang on, we have shareholders in Australia and possibly other parts of the world, they continued for self interests and this was the outcome. An absolute shambles!

Does everyone believe in fairies and kept faith with this bunch when clearly years ago they couldn't deliver!! Everyone blames the government but why are they under a forensic audit investigation? Shouldn't the shareholders have done something years ago? Big claims and big words have cost the shareholders money!!!
These twits lobbied to get coal imports banned, then couldn't deliver??? Of course the President stepped in and said enough is enough!! Were the fairy believers expecting something else?? Lets sit on the country's resources and wait for our premiums??

Hang on, this seems to be a recurring story from this group, happened in Malawi, happened in Tanzania, if you do some research you'll find that this has happened to I won't mention who, quite a few times in Africa on numerous occasions on a number of projects....

Too late to turn the clock back, sympathetic to the shareholders as I've done a lot of dough believing in fairies too!

Wizard!!