re: sabotage at newstan - roidz
Zen, You misunderstand my motives. Not once have i said to sell only to give enough information to keep you in the picture as to what is going on in the company, and that senior management is not always telling the full story. I guess its my crusade to make sure that if i have knowledge that will stop a shareholder from losing money from not being told the full story than i will, i wont tell you how much i lost in ION its too shameful! On a positive the reclassifying of our coal to higher grade is good pretty well doubles its value on the open market. One comment you made after the agm Zen, about not really understanding what sought of co CEY was is interesting it could also the comment about the four year uptrend you have to realise CEY was a specialist at buying older smaller mines and raping every bit of coal they could on minimum manning which is nothing new, however its a very different story when faced with trying to run a mine with capacity to produce more coal in a year than what the whole co did previously that is what CEY is trying to come to grips with now and lets not forget they have to find 300 million plus to develope Anvil Hill which will mean either more borrowings or script issue so that has to factor in to any forward price/earnings. so apologies but no down ramping intended , besides i dont think i could turn that positive to get the price back up.
CEY Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held