RE: New IR Firm website Hi Reff,
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you're quite right, we can't blame the market for where things are at presently. The company has to take ownership of the very poor performance we have seen in the market. As I have said many times, I am not SP focused, but it becomes more improtant and affects the fundamental investment when the SP is such that a lousy financing is required and that was the case recently. A financing at .15 was NOT good , but if they don't get this going a 2nd one at that level is going to be needed and that will be atrocious.
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On a different note, I spoke with Adam at DGI finally - a good enough discussion. I was told that the company is indeed contracted to receive investor calls, they have also been contracted to work with Reliance to increase investor awareness in North America and to the company / open doors to analysts, brokers, investment groups, etc. and that they are not really working so much with Reliance initially on things like newspaper, magazine and video interviews and such, which looked like it may have been their focus on first pass.
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Adam also indicated that they have planned conference call(s) with the project team in Indonesia to specifically bone-up on the projects themselves. We'll have ot see how effective this all is, but the "intent" makes sense. I am still looking to discuss both DGI and their role in more detail with Gary; however, he has gone silent for the past week or so - hopefully he's putting a "plan" together, as he has been telling me that he has one.
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Salut,
Leigh McBain