I do remember at the EGM (post-WE5) when Biggs was presenting, he was still sticking to the line of the GWC is still a 'working hypothesis' I.e. too early to prove or disprove.
Would've been helpful if both parties had come to some consensus prior to the reserves report...
Anyway those who were ringing the alarm bells back when the takeover/merger was rejected out of hand, and then the GSA delays and then the GWC debacle, have been proven right thus far in their assessment of the respective management teams, I think.
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