Originally Posted by
fish
Fabs I met nzo management last november and am convinced they are all well -intentioned people but hindsight has proved bad decisions were made . Digger and myself felt nzo could be better managed . Unfortunately nzo investors didnt give digger the support he needed to become a director.
DS assured me that pw was driving prc to meet revised targets .I invested heavily in prc on the day of the explosion -i had put in a low bid which was taken up at the close of trading .If any investor should feel bitter it should be me -but I didnt lose a son in the explosion so can only feel sorrow for those that did .
Digger and myself felt NZO needed a director with real life experience and aptitude and so I supported diggers attemt to get on the board-sadly not supported by shareholders and some person I think with legal expertise was nominated and elected by the board .
It is telling that when I spoke to digger after the explosion he asked who lit a match ? PRC looks as if it was an explosion waiting to be ignited . DS did tell me he had no coal expertise and nzo wanted to sell when they had a better offer-they had received offers deemed not good enough