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Ann: Sale of Riley Mine and Updated Tasmanian Exit Strategy, page-109

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  1. 3,770 Posts.
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    'Old' VMS collected resources and may have eventually exploited them.
    'New' VMS seems intent on disposing of resources and exploiting a fashionable sole survivor.

    SP appears to be asking about 'throwing the baby out with the bathwater'.

    The board seems to be trivialising shareholder investment objectives by adopting a radical non-consultative kill or cure approach.

    Any danger that shareholders be consulted prior to precipitate sales of remaining resources?
    And will the consultants report to the modish wishes of the new chum board or the longer-term interests of long-term shareholders.


 
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