CTL 0.00% 0.9¢ centennial mining limited

In the interests of the Wider Community, page-80

  1. 1,191 Posts.
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    In the grand scheme of things the debt is peanuts.

    There's operational costs blowouts, machinery breakdowns/repairs, fibrecreating etc .... all burns cash.

    Where's the prospectus? What's the September 1/4 figures?

    Not paying overtime, not paying shift loadings and weekend rates for labour reduces overheads but slows production. But profit is sanity and turnover is vanity..... better to produce less oz's at profit than more oz's at a loss or break even.

    I believe Rodgers has the capacity, he knows his stuff but I think the board lacks communication to shareholders who friggin fund their jobs.
 
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