From my experience reports from the "coalface' to senior management tend to
get watered down with attached risk asessments and CEO's tend to hide behind
these reports when something goes wrong.
An independant audit team who reports without fear or favour is, IMO, the best
solution.
NCM obviously has been taking too many risks in this area to the determent
of the share price and the shareholder.
The present reporting system/ decision making is obviously not working.
Cheers
Moorookamick
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