Ahh... no i wouldn't complain if they had mined 30,000 tonnes and produced a set of figures that proved it was a profitable project. That would add value.
BUT... thats not what happened. They mined 846 tonnes...... Lost $3 million in cash (above the purchase consideration).
So you are saying that if they had achieved the 30k tonnes i should be happy and satisfied with management and the Board BUT when the reality is 846 Tonnes and a $3 million loss i should STILL be satisfied and not give them a hard time?
I don't think is reasonable to applaud them for imaginary results...
Ann: Volt to Undertake BAM Plant Feasibility Study, page-79
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