re: Ann: 2009 Ore Reserves and Mineral Resour... Correct me if I am wrong, the CEO is planning to abandon the low grade high costs field
The first step is to find someone could reduce the operating costs for production for him, then the Ex-COO has to go
And his second step is to review the most profitable reserve data, that is why is report is so inconsistant with the previous report
The third step is out of wonder,the company will review its operation process, and might most probably reduce the operation scale to cut losses.
The next step, if we lucky enough, is the CEO finally find the way to operate the business on a profitable basis-for example, engineering reform or find something worth of drilling for gold. Rather than making losses drilling for gold.
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- Ann: 2009 Ore Reserves and Mineral Resources Stat
Ann: 2009 Ore Reserves and Mineral Resources Stat, page-11
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