AMI just released they production numbers and also reported they hit the guidance.
now compare that result to ALK's result to see the difference between good result (hit the middle of the road) and poor result that barely scraped over the line.
AMI's MD who is collecting around $800k p/a took over at AMI about mid 2023 and inherited total mess and managed to turn the company around. AMI's SP has roughly doubled since his appointment. And this guy is managing multielement operation which is more complex that pure gold operation. He also oversaw the development of Federation and now Great Cobar so one can say he has the know how regarding developing mining operations.
Nic planed the expansion at Tomie from inception so can't blame others for not going well.
It seems one does not have to pay $2m to get a competent professional to manage a company the size of ALK.
ALK Price at posting:
70.0¢ Sentiment: Hold Disclosure: Held
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