It’s pretty much a problem of multiple on site issues, tons, grade, recovery. I think Steve is a good guy but soft shoe guys trying to run a mine in Colorado from Sydney don’t work. You need a hands on mining guy on site and in charge of operations.
Looking for a farm in partner now to try and maximise a % and stop bleeding money into it and hopefully get a return.
It all looked very promising but this is the 5th start up (failure) in the last 2 years that I’ve been watching.
Sometimes when a company discovers something great it’s best to sell prior to startup to a professional outfit and suffer the howls of screaming SH claiming a sellout.
This is a valuable lesson to learn.
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It’s pretty much a problem of multiple on site issues, tons,...
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