Hi Justis, I guess I look for results not excuses. So over 5 years there has been significant underperformance to its peers - hard to deny. We can try and fix the underperformance with the same tools which IMO haven't been working. Keep doing the same thing and expect a difficult result?
PB and KN only built 1 mine together - Casposo. KN did a good job at Sertao and Sandstone - both high grade, small and forgiving - but about 10 years ago! We haven't seen that construction performance since then.
PB's performance is clear - look at the chart for TRY since he was introduced.
On MP again look at the chart below. He joined on 1 September 2014. XGD up 100% TRY down 60%. We can look for excuses - PB sold him a lemon - its raining in the rain forests of South America etc. But time and performance is clear. .
If u/g is high on the list of priorities - why are there no drill results from there? I suppose the excuse will be no funds? What happened to the last funds raised? Fixing the holes in the operation I would guess. Its seems the drilling budget has been directed to grade control.
I think change is required urgently.
- Forums
- ASX - By Stock
- Ann: Appendix 4E - Preliminary Final Report - 30 June 2016-TRY.AX
Hi Justis, I guess I look for results not excuses. So over 5...
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost