RE:RE:Anther question for Doug How I interpret this is -
Cynthia thinks she has all the contacts she needs and is too big to be attending the expo. An expo specifically for the industry where she is looking to dispose.
I do not believe the high costs excuse is sufficient. She does not need to have a set up there. Her presence to be mingling and verbally promoting LME would undoubtedly enhance the overall position of LME. The cost involved would be travel, hotel and food? With $9m in the bank, I'm sure that every single shareholder would rather her be in a room with hundred of industry specialists/experts/investors than sat behind her desk?
what am I missing here? There seems to be an incredible arrogance about this , which simply isn't justified until we have a buyout. If she turns around and announces a buyout next week then I'll back down and admit how wrong I was. But in the meantime I think we need to question some of these decisions.
My other gripe is the lack of drilling. For what we are looking to be sold for, there is not enough drilling happening to prove resources. Does anyone know how many years we would have to drill for at this rate until we can prove 10geo?