CCU 0.00% 5.8¢ cobar consolidated resources limited

Guys I agree with a lot of your comments adn I am trying to...

  1. 435 Posts.
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    Guys I agree with a lot of your comments adn I am trying to convince myself of the positve thathas come from some of your comments , but what concerns me is the consistant up and down movement on the production figures .

    Since the September quarterly report we seem to get one or two good weeks of production in every month , but the rest is terrible,WHY?.

    This has now happened consistantly for the last 6 months ( ie July to Dec ) and we already know that Jan and Feb are going to be bad , but hang on March is going to be a real pearler .

    What are these people doing ?

    The management of the company since the previous CEO had to resign I beleive has not improved the company's production performance, when the inbetween commentary indicated that it would improve as the problem had been removed. Well has it or was it just internal power plays at the expense of shareholders.



    They certainly have demonstrated to me that they don't seem to have the necessary skills to get the job done.

    Which brings me to another point , If I was a major shareholder such as Magna I would be asking questions as to why this non - consistancy continues to this day and already forcast for the rest of this quarter.

    Is there a hidden agenda , that is designed to deliberatly run down this company and someone pays the bank out and gets full control.

    Shouldn't the ASX or ASIC be looking at the way this company has been managed .

    I will also say this again and hopefully someone at CCU is reading this stuff -

    "If the newly appointed Chairman , the board the new CFO and CEO truely have confidence in there ability to run this company well and profitable, and get the CBA of the company's back, they should be putting their money where their mouth is and buy a bucket load of these shares, they are cheap .

    I am so disappointed in this company's managements ability to manage these assets well. But at the same time I am not going to give them the satification of selling my shares for peanuts when I beleive they are worth a lot more.

    Also this is a time when we need leadership from these people not future promises that never seem to be forfulled .



 
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Currently unlisted public company.

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