out of date?, page-6

hsa811,

totally agree, that from now on management gets the first scrutiny. Then the resource, because the resource is honest.

What kind of knuckleheads announce 50,000 oz production, then drop it in half, then deliver 2/3 of that in the space of a couple of months??

What knuckleheads continue with experimental mining for months and months under-performing gold production, and meanwhile play around with shot creting the walls to save money (for no result as it happened). Not flexible, not adaptable, not responsive and then collected info for months and months on down hole potential gizmo, and then call a halt to analyse the data. Obvious isn't it, to be data collecting, analysing, postulating, refining, redesigning etc iteratively?

Sure it takes time to wait for mining to progress through where they did the gizmo testing, but they get through 400m a month wasn't that enough to give them a heads up, rather than continue 6 months before re-assessing with a geo-statistician?

Banjo Patterson's poem nails it:

It was somewhere up the country in a land of rock and scrub
That the formed an institution called the Citi gold Mining Club
But their style of mining gold was irregular and rash -
They had mighty little science, and burned a mighty lot of cash