Thanks evision, will watch ROL carefully but deep rooted problems in the Republic will keep this project in the very high risk category.
I will vote to sell Andash as we have been left with no option other than receivership. The resolution on remuneration (25% cut) is short of what I deem reasonable based on only one project. The cash burn of this company is a joke and I think that the good times of finance has resulted in a ‘drunken’ attitude to spending. This company needs to strip nearly all of its costs and remaining staff need to multi task to get the job done.
Head office should be changed to an onsite office at Jervios or at the very least Alice Springs. There is absolutely no sense in having any other offices especially thousands of miles from the only project.
Cut this company down to the bone!
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