Ann: Mount Morgan Project Update and Carbine Board Changes, page-50

Yeah, took a big loss here too. I think the mistakes I made were accepting the risk of not having 100% ownership, I remember some posters did question/warn about the ownership transfer not being acceptable. I do (now) understand the " rush to the exit". I think the project was/is still great, however during the year leading up to the decision to drop Mt. Morgan, I think there was a hidden, to management, resistance to the project within the "government" depts. When it became obvious that the project would not be truly supported due to chicanery, the decision to drop it could be made quickly.

chicanery

/ʃɪˈkeɪnəri/

noun

1. the use of deception or subterfuge to achieve one's purpose.

   synonyms:trickery, deception, deceit, deceitfulness, duplicity, dishonesty, unscrupulousness,underhandedness, subterfuge, fraud, fraudulence, legerdemain, sophistry, sharp practice, skulduggery, swindling, cheating, duping, hoodwinking; deviousness, guile,intrigue, craft, craftiness, artfulness, slyness, wiles; misleading talk;informal crookedness, monkey business, funny business, hanky-panky, shenanigans,flimflam; informal jiggery-pokery; informal monkeyshines; informal codology;archaicmanagement, knavery"political chicanery of all sorts goes on behind closed doors"