ARI arika resources limited

Removal of the obscene EBA/labour costs/Union Control to keep Whyalla/MBR open is whats needed, page-9

  1. 872 Posts.
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    Private equity people can waste their own money, but no government should help out. It would be madness; simply throwing good money after bad.[/Whyalla
    I think those rates of pay are specific to Whyalla Mines and Steel, not ARI-wide.
    Higher pay is usually to attract decent people to relocate to dust bowls. If you've ever been to Whyalla you'd know what I mean. The obscene pay rates are board level. I don't begrudge $120k to a tradesman working in a crappy town and working shift work.
    The problem with ARI is the over-the-top risk adverse attitude to everything from safety, capital expenditure, or change in general. The result is that every motion is in slow motion. Every change blows out in cost because it takes too long and requires extremely inefficient systems to be followed. Complexity is the death of efficiency.
 
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