“I don't see how KordaMentha can run the mine better than existing management. DR laid out a plan to resolve the grade issues... what could the administrators do differently?”
Run the mine better?
A plan to resolve grade issues?
Mate, my 12 year old grandson would do things differently.
My bet is that KM will use “true” independents and management to find out what we knew from the start.
Should never have been built, can’t be resolved without at least a $5k Au gold price and all punters have done their dough.
Some of you seem to take comfort in your assumptions that certain parties wouldn’t involve themselves without taking on appropriate due diligence.
How wrong you are.
Once it all comes out, you will be asking different questions and make vastly different assumptions.
CAI Price at posting:
11.5¢ Sentiment: Sell Disclosure: Held
(20min delay)