GREY:WFEMF - Post by User
Post by
wealthy123on May 20, 2013 11:53pm
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Post# 21419347
Rational Thinking
Rational Thinking It is good to see some rational thoughts on this board, with the exception of an individual. I note there are some significant retail investors, myself included, who are long and are holding fast and not panicking. The NR, which was very badly written, only provided me with one further insight, being that there are technical issues (not resource) and I can only assume like others, this has to do with mine design/build. All my DD still leads me to believe strrongly that we have a significant and sizeable and strategic resource in the right location and IMC will deal with us once we have resolved the issues at hand (management need to be clear and communicate the full extent of what these issues are). IMC is also not the only company where offtake agreements could be reached (note the recent Wolf Minerals agreements (Europe and US though) and I trust management are not just focussing solely on IMC, though this would be the best option. However, I still believe that Retail investors need to make it clear to the Board of Directors that they are there to protect the interests of all shareholders and I would like to get enought retail investor support to make our position clear to the Board of Directors in a strongly written communication. Please let me know if anyone is interested so we can ascertain the strength of our position and agree on a communication to the Board and perhaps also to the other key shareholders.