Replacing poor management with capable management is a start. As has been said MANY times resource in the ground is one thing, having management that can have shareholders interest foremost, get the resource to market for the least cost and maximum profit is another. Not only has market perception been decimated, but they gave themselves a payrise to boot. I and others are furious at the mistakes, poor decision making and destruction of our investment. Dargues was a dud buy at a ridiculous price. I would love to be proved wrong, but why do you think the other mob sold it? More profit in selling a low producing mine for a premium price than operating it.
AMI Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
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