Even if they get the upgrades done and everything up and running smoothly, my fear is they don't seem to have the guys, the parts and the smarts on the ground to consistently run the pay. David had to go over six months to bed in a new mine manager and 'results' over the last 6 months and over the last 5 years have demonstrated that any problem turns into a major issue very quickly. I agree that more money will be required and there will be further delays. David can't run the mine from Perth and I have no faith in the guys on the ground. Better investments elsewhere over the next 6 months. Then we'll see. I hope for David's sake and for the holders that the company is still around in 6 months.
CDG Price at posting:
3.4¢ Sentiment: None Disclosure: Held