RE: RE: RE: RE: NAG is a abused childLet me explain some of my frustrations with NAG with whom our good old Charles manages.
First off, for a so-called coal producer, we are still doing PP's after PP's. Now if these PP's somewhat went towards exploration, we would actually have a chance at perhaps rising our SP, instead they are used as working capital to pay the salaries of the people that always give misleading statements. An example of a misleading statement would be that commercial a while back that said 2 producing mines, when in fact we never had more than 1 mine producing at any given time.
Another thing that pisses me off is all the PR's they issue. Apart from always being PP's or Grants being issued to our lovely managment, it seems it is aways of what's to come. One assumes this is out of good faith, then when you read the fine print in the bottom you realize that everything contained within the NR is always a forward looking statement. Let me ask you this, if you hired a contractor to remodel your kitchen and he said it would take 3 months, thats fine. At the end of 3 months if he said they ran into delays for unforeseen circumstances and needed another month to complete that would be acceptable. However if the contractor was still there 6 months down the road, you would most likely have fired them a long time ago. My point is this, stop feeding us BS, just tell it how it is, at least then we may make an informed decision.
What ever happened to the days when "your word is your bond"
growing impatient