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rau's new material, page-25

  1. 8,087 Posts.
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    Scotmans you are kidding me !
    "The performance of the team is not in question...."

    Let's have a closer look at that earlier post of yours :

    "The current MD of RAU resigned from his post at PSV prior to the successful development of a Victorian gold mine. And I suspect the other staff may have followed him probably around the same time. The reference to ex PSV staff in the presentation may be to try and bolster a level of past competence to the current management team and ride on the reputation of a known successful mine, although none of them were involved in the development or operation of the mine. "

    John Kelly resigned or was pushed out or fired in 2001. That was after 10 years or so of taking PSV from receivership through to profitability. So his tenure was not "prior" to the successful development.

    On good authority I understand that JK had the task prior to his departure of sacking various team members on the orders of the PSV Chairman at the time whose later grandiose expenditure brought PSV down on its knees by about 2006/7.

    So the team members who are now part of the RAU team were all involved in that renaisance of PSV from 1991 through to 2001. Therefore they were all responsible in various ways with making PSV work until the Chairman went about stuffing it all up again.

    Your assertions are either meant to create doubt or are extremely ill-informed.

    Maybe, maybe.... you are looking at the "successful" PSV situation post the 2007/8 merger with the Canadian firm that spent about $350 million sorting out the PSV debt by that stage from the mismanagement of the Chairman.

    I think the pen pictures on the RAU website which is a public disclosure of the facts about the 3 men highlighted there clearly indicates their involvement with the 1991 -2001 rescue and development to success of PSV during that period.

    Sloppy comments can create misinformation which in turn can be detrimental.
    Sometimes people do it deliberately.
    Sometimes people are just sloppy

 
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