Recently, a lot of listed miners big and small have come completely unstuck by not recognizing issues relating to their operations subsequently dragging out putting assets into care and maintenance not affording themselves the opportunity to reset mining / processing practices and firming up their resource. As examples, closer to home firstly with superior then the likes of FFX morila, AMI hera, SLR sugar hill, GCY Dalgaranga, SBM all centers just to name a few. So much shareholder value unnecessarily destroyed instead of just putting the breaks on early, reverting back to drilling / optimizing and preserving shareholder capital. I hope management are proactive and do exactly that in Tas.
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