Anything is posible apom but any movement in shareprice related to a change in CEO would likely be kneejerk and short lived IMO, It doesn't change the fundamentals one iota and it eventually all comes back to fundamentals as a producer.
We live in a world of IF'S, IF we can get AISC close to $A1000t and IF the price of concentrate doesn't have a significant drop from where it is currently , then by the end of this CY our current cash situation SHOULD be adequate enough to find out..a change of CEO is unlikely to alter that reality any time soon.
The BOD will have a cash on hand figure in mind that allows us to go into C&M and wait it out IMO , its that dicey at the moment. There is a chance our true cash position could be higher this quarter even if we are still losing money per tonne sold although that can't continue, IF that was the case it would be a relief as costs are expected to reduce further over the year , capital costs wind down and exploration costs minimal. We just need the concentrate price to stay at the party.
Cheers Whisky
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