Something Fishy Here!, page-74

Esh must have short memory.
The reason they cannot be trusted is clear

One only has to read the CR announcement.
Believe what it states.
Then read the last quarterly.

From memory $150 MILLION was raised
To fund the Ravenswood Expansion Project.
and $97 million for the Syama underground
was to be funded from production
and existing cash

They had $260 million cash Now they have net debt
and just increased thier debt facility
By $50 million USD.

What is the absolute worse
is no other budget was ever mentioned
Yet they keep stating on time on budget.
There should have been a dfs...but there is none.

Last year they missed guidance
Yet they only came clean a couple of weeks
before the end of the year.
It had to have been clear at least 3 months earlier.

In my opinion They are serial trust breakers.

Cheers