I've whinged about it many times here at hc. latest whinge was here: 66798314
Its definitely a conflict of interest. Third party payments in the order of a few $100k go to Peter's Rohner's consulting firm every year for the work done at WD. Its 100% a liability. GBM interestingly won't do any transparent accounting on the production profits/losses in their reports. All shareholders see is the production revenue and undecipherable expenses batched in as one with exploration/other expenses.
Having learnt more since my deep dive due diligence and the outcome of recent events I am inclined to sell out at a 40% loss. Will likely watch and wait for the dust to settle and buy at lower SP. Next few CRs will dilute SP further and further down. Too much baggage and capital drain from non-core assets that are going nowhere.
Its such a bummer to see a great and highly technical team with a great asset (twin hills) train wreck.
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