I don't like how Riley is barely mentioned in the quarterly. We have been banging on about it for the best part of 18 months. I get that Riley is on care and maintenance now and we are all aware of the market conditions but some transparency around the economics would have been welcome considering it was the companies cash cow to further our other still very lucrative assets.
Do I blame management... maybe. I am terribly disappointed with current share price and its trajectory and with limited guidance as to the timeline on how we get Mt Lindsay up and running in a timely manner makes it very difficult to have any faith in management ability to deliver.
I am break even now on my investment and believe tin will have its day in the sun... I just don't know if it is this management that will get it there.
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