RE:The April 21. 2015 T.LIF Press Release. Crooked Intent ??And the same Bruce Bone wants authorisation to venture into diversitied commodities because they have been so good at managing LIF. I am not in favour and will vote against it. In this situation of lower product prices Bone should be telling us about the directors reducing their remuneration, taking it back to where it was when the price was at $50. That would impress me.
I noticed the additional information too, ie the production figures and was happy to see them. If he was previously privy to such information why was it not previously published ? A valid question that deserves a reply. this smells of an attempt to manipulate the SP. We should receive this info. every quarter.
IOC is a private company whereas LIF is not. LIF has shareholders that should be kept up to date on what is happening. If IOC wishes to keep it's production confidential it should buy back all our shares and shut down LIF.
The shut down of the railroad in November resulted in unhabitual freezing of product on the ground and in ore cars. Apparently an entire train froze solid. I believe product is not considered sold until it is in a ore boat.