re: Ann: SRE: Stirling's Strategy Going F...
Hi all and Moly, Mk should give you credit for your optimistic views. After 2+ years of GFC and finance drying up most companies have done their belt tightening. The boys at the top of the food chain here (SRE) have finally sobered up from their over indulging lunches and taking action now. (oh gee we are looking a bit top heavy boys, we better get rid of some dead wood). Directing miss-management at the possible introduction of the Super Tax as the problem for not meeting commitments and drastic measures is very feeble in my option. What difficulties confronting the Resources industry? Making that statement two years ago I would agree. Copper is creeping back up to $7k per tonne, where is the problem?
Disclaimer: The usual, my opinion only.
RCP Price at posting:
2.8¢ Sentiment: None Disclosure: Held