Are you asking my view point towards the company or my view point how it shall run the operations?
I recently sold a big chunk of my holdings at a loss. The risk is too high for my appetite.
Kept a fraction on hand as speculative assets and prepared to lose more. Speculating on exploration upside, market turn around and JV to increase revenue.
Plant c&m is not a good idea to save cost, it’s usually done out of desperation. There are operation contracts to honor, idle mining machines and production plant will still incur cost.
I do not see an easy solution to the current loss making situation. I m not running the company. The various options have been stated in the strategic review.
- Forums
- ASX - By Stock
- A40
- Ann: Corporate and Operations Update
Ann: Corporate and Operations Update, page-205
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)