board spill, page-100

Yes. Just out of my mind:

- Immediately changed style of communication from overly optimistic to precise and realistic
- Replaced management personnel
- Board compensation cuts (including his own)
- Cut costs
- Redirected finnish concentrate to their Swedish CIL plant instead of a third party Finnish smelter (again saving costs)
- More focus on safety
- Bought the Fäboliden gold deposit from a bancrupt company. In my view this is an extremely important move for the future of their Swedish operations. And they got it for a song.
- Quickly relaunched/replanned Fäboliden project when circumstances changed
- Renegotiated contracts with third parties several times (Weld Range, Fäboliden) in a win-win manner for all
- Profits flow!

Of course not all of this can be attributed to Brett Smith alone. He certainly had help from his staff and fellow board members. But, as far as I can tell, this company has been turned around in the last 2 years. I am impressed.

Disclosure: I am a holder of DRA (and ABU).