It seems a little unlikely that the GM was laid off when Tom thinks this is the right guy for the job.
Additionally why would Tom be increasing his super position in the company if he thinks there is no future. If I was pondering my imminent demise I would be hording cash, not investing it in my employer. Look to the actions of the Lehmans CEO just prior to it's collapse for an example.
Think you all need to go study Einasleigh a bit more carefully, it is becoming bigger by the day which will enable recovery costs to be lowered.
Worst case scenarios is either someone buys it out as they see the potential or ops are mothballed for a period of time until capital markets return to normaility.
Either option is not what I want but they are not a terminal situation.
It seems a little unlikely that the GM was laid off when Tom...
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