Cedric is hopeless. And his announcements are deceiving too. "Monsoon season but plant is looking good for next quarter" "We have purposely delayed deliveries but the plant is looking good for next quarter" "Contractor issues but plant is looking good for next quarter" "Plant is being taken offline". I've said it before, his performance bonus is a disgrace. So what if he builds and commissions phase 3 on time. What happens if 12months later that ends up coming offline because it's shít too. He will have gotten his huge windfall and be sitting pretty when the next pump comes along. There's too many instances on the ASX of directors absolutely rorting shareholders
IOR Price at posting:
8.4¢ Sentiment: Hold Disclosure: Held