I tend to agree on some aspects the new board have found themselves in a difficult position, they have inherited a lot of the sh** such as the cost over runs, initial scoping of the project, time over-runs. (Although the last 24M cost over run was know by them before hand and was not happy at all at how and when they released teh info). I also support there move to clear the decks and am happy they are releasing all the bad news and creating a sense of transparency (hopefully there isnt anything else there hiding).
For mind there credibility should be based on activities moving forward about successfully brining this plant to production hopefully they can deliver on this jury is out.
CMR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held