Its a hard one to crack but maybe simpler when we do a step back,
Contractors performance has been an ongoing issue and I DO believe that this is the main issue here.
If so we can see the light in the tunnel by new contractors coming in and ramping up production.
The lack of communication by management, something I always found a nasty back ground issue is NOT the cause that we have not ramped up production.
They should have reacted much earlier imho , which I have stated before.
Selling out is an option but we could see a rather quick turn around once new contractors take over.
I have seen this happening before with MCR and also have gone thru Equinox ramp up difficulties which was sooo frustrating but now I reap the benefits of holding out witht hat company.
The main factor what will safe us next to getting the production right are the PGM prices , like copper did with Equinox.
I have the feeling that this is still not a sell but can ofcourse be totally wrong.
good luck guys
jojo
PLA Price at posting:
52.5¢ Sentiment: Hold Disclosure: Held
