If he didn't know he is not qualified to be in that position,...

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Gusman1974

2,510 Posts.

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28/07/23

17:01

Post #: 69044514
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Originally posted by 2ic: ↑

"they got caught out by these various crappy start-up issues and had a hard time fessing up"... except Shaws listed the details and how long it would take to reach 100% nameplate couple of days ago, so they would have known well before their update report was publicly released. No details publicly released by STA, are you saying Shaws found out because they know the engineery type consultant personally? Shaws might not of known July 10th, but many did looking at the video tape.

Also just a coincidence they interviewed for, assessed and employed a new CEO to get on top of things 3 days ago? Sorry, takes more than 3 days for that, and I don't believe in coincidence. Luke knew a long time ago production issues were more severe, going to take a lot longer than the market thought to sought out, required a dedicated new executive operations manager to do it, and I'm strongly suggesting he knew a 6 month commissioning slippage and cost of remediation measures was going to need a CR.

Of course we'll never know officially. Joining the dots on what's going on from outside the tent is all part of the fun of this game... just more fun when you;re making money.

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If he didn't know he is not qualified to be in that position, and if he did, he has been releasing misleading information!!

Beer o'Clock

STA Price at posting: 22.0¢ Sentiment: Hold Disclosure: Held
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