Did the board and management have that much faith in Posco coming through that they didn't even think of continuing to shop for a JV partner for Coburn? Even after the numerous time delays?
Did they not read or consult with other sand miners in how they dealt with ATR and the other unlisted players in Victoria?
Did they take a look at Posco's financial position? They've got more debt than the yanks.
How Posco handled GUN is exactly how they handled ATR. If anyone really needs to go, its the board.
Did Azure even think of the idea of wet milling a concentrate, like IMA are going to do !!!!
As for this under strategic partner: This option is to be pursued with a small number of potential partners, who because of the very advanced stage of the Coburn Project, will be given tight deadlines to decide on participation.
Yeah, you've had 12 years to get this project up and now you want to give them a "tight deadline". Yep, that's going to work.
No wonder John Tilbrook wants Harley to go. He should be pushing for all of them to go.
You guys need to get to that meeting, because it's going to be an absolute beauty.
Pep
GUN Price at posting:
3.2¢ Sentiment: None Disclosure: Not Held
