I dont understand a few things:
Why did Mark Parry resign?
Why did he depart "immediately" instead of doing a handover with a recruitment process?
Why cant we know the conditions on the offer of the mining lease yet - are they particularly bad news? If the conditions on the lease approval are price sensitive then doesn't the company have a duty to inform shareholders as soon as possible?
What led to the decision that a slower start up but still large scale project was needed/better/lower cost - i.e. how do they know it is lower cost/better BEFORE the extended BFS is complete? Can they release a slow start PFS that explains the situation while the BFS is conducted?
How did they convince the major holders that all was well - the chairmans letter? Really? Can they give the rest of the holders the same information as the major holders please?
Ann: Chairmans Letter - Hillside a high quality Project, page-9
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Last
44.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $337.8M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.5¢ | 43.5¢ | $7.959M | 18.02M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 54088 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 1773057 | 15 |
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| RXM (ASX) Chart |