I believe they way this news should be viewed is quite simple. Gareth likely walked into a mining company that had many problems, so inherited a number of issues for which he is not responsible.
Clearly Gareth made a decision to not disclose any ongoing mine issues to market, he clearly knows the shorters are in the loop and he also knows the short were taking advantage and crushing our SP, and therefore retail holders who know nothing of mine issues are getting screwed, and this is how he is looking after retail shareholders?
I just cannot understand how any shareholder can defend this behaviour.
Lots to think about here, we will no doubt recover at some point, Gareth and management will likely turn this s... storm around, but as a shareholder, can we trust and have confidence that management will put shareholders first?
GLTAH
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