General Discussion Topics, page-142947

The reason SYA is where it's now was because of incompetent management and bod. They failed to bring down unit cost. High costs of labour and excessive hirings were the root cause of so many companies wind up. They need to learn from big corporations like FMG and BHP etc. When iron ore price dropped about 30%, FMG amd BHP layed off staffs and workers. It's a balancing act that every competent CEO/management must undertake. I don't know whether this new CEO would ne different from JB. So far he's probably still on the learning curve or just sit there scratching his ass.