Ann: Variation of Takeover Bid, page-17

IMO The previous management of TIE were sprooking figures that just weren't substantiated and couldn't be.

Hence the fact IMO they raised capital to build the mine because they suspected they couldn't substantiate to the financiers eg 240,000 oz in the first years of loan payments.

And millions of short positions CORRECTLY suspected exactly this. This is a factor in why we are where we are. This is IMO the result of sprooking a big game with no substance.

Matt was thrown in the deep end and had to deal with the previous managements mess. That was none of his doing. His job was on time on budget and hassle free.

IMHO TIE should be extremely grateful to have a man of Matt's credentials running the show.
He may not be the best salesman but his figures just maybe the ultimate salesman of all.

IMO I'd rather the caricature of Matt running things than the previous management ANY DAY.