Firing Ron Heeks was a catastrophe of the highest order. Was clear that the Board and Tim had zero idea how to build a project in a developing nation in the tropics.
Even the mere fact that they thought the best use of funds after scuttling the project was continuing to put it into the ground in yet more drilling is ridiculous. Every man and his dog from BHP onwards knows there is a huge amount of gold on Woodlark.
What is needed is a cost effective mill to mine the bloody stuff!
Felt sick to my stomach rinsing this thing on re-opening from suspension but have so far saved myself another c67% downside...
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