PTN 3.08% 6.3¢ patronus resources limited

Ann: Resignation of Managing Director, page-211

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  1. 909 Posts.
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    Spoke to TD last week for about 30 minutes. He wouldn't elaborate in detail about the cost blowout; other than construction costs and the build your own mine model wasn't vivable. I did feel confident that the company will be back to where it was in 6 months so intend to hold.

    I didn't see the point in attacking him over the mess created - it is what it is and can't be changed from where we are now; and he stayed to try and get the company going forward. Do I share your anger and concern about the way this has been managed? .... of course. What are my personal options - sell; or hold based on the underlying good fundamentals. I'm holding and awaiting hopefully good news for further drilling at Helens

    DYOR . Best wishes to all shareholders.
 
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