Shocking to read on HC over the weekend a top 20 holder still buying options and that he and another top 20 holder still drinking the cool-aid (if a true sentiment). Lack of action by large holders here goes a long way toward explaining how this company has been run into the ground with little to no accountability for performance over the past few years IMHO.
Waiting for the S249 D.
No management team can survive the appalling state of government relations and communications as evidenced by the last 7 days. I will wait to see about any remedial action from Gunner and the NT Gov, over the coming couple of weeks, but failing this Burton should be gone by the end of financial year. The SP for this period is immaterial - TNG have the cash to transition to a better performing team and a new path forward either in the NT on the current site, or elsewhere.
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