Ann: Tennant Creek Drilling Delayed by Rain, page-13

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AussieWales

529 Posts.

146

27/03/24

00:24

Post #: 73073504
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Originally posted by Gollada: ↑

It's because they don't have a plan B and because they don't plan to drill multiple sites concurrently. Which they should if they know they are working in an area where the land becomes impassable after rains. This is not their first year in NT. Should be too difficult to pick the trend and back it up with an contingency plan. It is one of the first things team leads and junior managers learn to juggle and we are talking about executives here not even senior managers.

Multitasking doesn't come easily to everyone. The modus operandi is just to do one thing at a time and do it slowly and steadily. It is like going to a restaurant with full of 90 yr old waiters and waitresses. Even a glass of water gets to your table after 1 hr.

There is an URGENT need to infuse young, energetic and passionate members into the board. First Quarter gone with nothing to show for . And they had the gumption to ask for performance rights.

They want to get the price up to 3c and 5c and the only "Price Sensitive" announcements in the past 4 months are:
And it might stay that way for the next few more months since the drilling doesn't start till mid-April.

If we can ask these questions should a chairman and directors be doing the same and if they did the what have they changed in the past 1 yr.

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I recon Mt Remarkable is finished for the moment. I thought it a long time ago.
Unless they are swimming in money, I would not bother trying to drill at Mt Remarkable again.

Best to aim at Tennant and hope they hit something big.

AW

KRR Price at posting: 1.0¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

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