Its all subjective when it comes to future valuations IMO and I'm not too concerned. So much of what determines that is out of our hands and the BoD in many respects. What I do get concerned about is what can be controlled by the company. The lack of update to the wider market apart from private briefings to certain shareholders shows a lack of transparency and professional governance. Certainly you can argue what is there to say if the decision is in the hands of others to make, but when you clearly indicate an announcement is to be made and it doesn't eventuate then an update however lacking in detail is required.
We may have a good man (Bruce) with a wealth of mining knowledge and experience but the Board is inept at communication.
The comparison with the Management at STA is profound.
Time for a change at the top.
SFX Price at posting:
59.0¢ Sentiment: Hold Disclosure: Held
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