IGR 0.00% 50.0¢ integra mining limited

outstanding quarterly ... cash costs $529/oz, page-23

  1. 1,403 Posts.
    lightbulb Created with Sketch. 1036
    Good Post
    IMO , A good Board always has a simple mandate , along the lines of ;crawl, walk, run , sprint , stay .
    On that basis :
    * steady state production
    * debt reduction numero uno
    * exploration success v expansion
    * long life resources at low cost production
    * cash flow positive at all times

    And never , never , ever get ahead of yourselves .
    A good Board will ENSURE we have our priorities right , ie we have paid our way , we are debt free , we have tenement ground and growing exploration targets .....I guess we are an enviable target .
    I am sure CC knows vultures pick over dead bodies that try to be all things to all people at all times .
    We are going well....trying to run before you can crawl is faltalistic .
    We have a good Board ---rational before greed . If the pennance we pay is an opportunistic T/O Offer , then that will take care of itself .
    We are a sought after entity ..as long as we don't go too hard , too fast .
    Majestic could be another Salt Creek or more / much more .
    We are where we are because of a good Board ---so the expectations will be that the Directors will have the appropriate disciplines going forward
    cheers
 
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