GBG 0.00% 2.9¢ gindalbie metals ltd

JenxYou are talking about a management team as competent as...

  1. 113 Posts.
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    Jenx

    You are talking about a management team as competent as GBG's.. Let me take a stab at what would happen, if they decided to truck ore as per your recommendation...

    1: They would order trucks from China to save on costs for the trucking of ore, and they would order trucks in bulk..

    2: Delivery of the trucks would be delayed by upto 6months beyong expected date.

    3: They would then need to go to market to raise capital to be able to pay local transport companies to do the trucking in the interim

    4: When the trucks from China do arrive, it is discovered that they are left hand drive.

    5: Further delays occur, further capital raised to change over steering wheels and pay to extent the local transport companies contract for trucking..

    Steering wheel changeover project is further delayed

    Ansteel purchase 60% of Chinese Truck Fleet

    etc.....

    Let the board stick to focussing on trying to solve the mess they have currently created, and not create a new one..

    Based on my view of their past performance I doubt that multi tasking is part of their skillset..



 
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