MagicSeven keeps complaining about management under-performing in certain areas, but doesnt say what he would do differently than they would. Truthfully his answer wasnt that bad, but still very general.
Obviously anyone here looking back would point out the mistakes and say they should have done things in certain ways to avoid the issue. My question relates to the present time.
What would anyone reading this, do differently than management, to improve the situation we are in.
Personally, i would:
1. Credit raising at 4c for total of 20mil AUD (to increase working capital).
2. Restructure the mine so it falls within guidance parameters.
3. Any insurance covers or legal advice should be looked into, to attempt and recoup some of the damage done.
TGS Price at posting:
4.9¢ Sentiment: Hold Disclosure: Held