Who-ever the new board is they get they need to deadwood that joint and be bloody minded about waste and costs.
It's a choice between sending in the wrecking ball (administrators) or the ball breaker! They're choosing the ball breaker and Roger's are not going to be in play as they said once refinanced he's gone but will be available.
Companies brought into this state of affairs need serious change! Should never have got to this state let alone the way it happened here with fancy announcements of mining and money to then go into SUSPENSION AND DEBT SO BAD!
Could be a very good company in the future, they got grade and a mill.
CTL Price at posting:
0.9¢ Sentiment: None Disclosure: Held
