why did management fail? what went wrong?

That's the question I've been pondering. Why couldn't they pull it off?

Let's hear it from you all. How did they take something as promising as SBL and stuff it up! Producing gold and the SP has more than halved.

My thoughts are- all of which i can't possibly know(maybe they will announce why they screwed up!Fat chance lol!). Here's a few that immediately come to mind-

*Incompetent management(Mr Woods has a decent track record i think(AVB, VOR)...2 out of 3 isn't too bad. CRJ too i think?
-Self-serving management.
-Un-caring management.(I think we saw that through absolute lack of communication.)
*Could not deal with the local workforce.(I think this one may in fact be a big issue.)
*incompetent local workforce.
* Were lion gold pushing the SP down well before the offer? Come on ASX- that would be called market manipulation- ILLEGAL lol! I don't think they had a board meeting and the next day announced takeover offer...

Interested to hear others thoughts.