You know Fooca,Given all that (your above post), I still can not...

  1. 4,880 Posts.
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    You know Fooca,
    Given all that (your above post), I still can not fathom why Mr Anderson and outfit , could not navigate through that stuff? OK there was a change to temporary reduced guidance ...but with good management and maybe just selling a stake to the mine operator contractor outfit, I am sure we would be doing quite ok now?

    The tailings put into the pit by the previous owners, certainly did not help ...but not insurmountable?

    And don't forget at the time, the company had cash on hand of just a wee bit over 50 million dollars. Sure that seemed a bit tight, however i really do think the company could have got through with very tight focused management. As it has been pointed out, other resources companies on the ASX have faced similar guidance reductions and got through to a better day...

    ALL IMO
 
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