RSG 4.46% 58.5¢ resolute mining limited

Management, page-44

  1. 37,751 Posts.
    lightbulb Created with Sketch. 501
    Very cynical .
    No such thing as an honest mistake ??
    What's in the ground is unseen and must be estimated and sometimes those estimates are wrong .
    Of course managers do pay a price for failure in terms of reputation and loss of future earnings and I'm sure none of them actually plan to fail .
    Not to say management are never too optimistic for their (or investors ) good but let's not over generalise and ascribe the sins of some to all .

    Shares are the same as anything ...let the buyer beware .
 
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