Why is SLR being sold off?, page-44

With the drop in Executive directors (3 to 1) they are cutting overheads but in view of the annual gold sold coming down from 217,348 ozs (2013/14) to guidance of 125,000 to 135,000 ozs they will need to make much deeper cuts than this. Moving to milling at Randalls only will help but with only one mill they should make deeper cuts at HQ. To me Sir Les coming back as an NED is beyond the pale they need to cut down on NED's not increase them particularly as I see the independence of the board being seriously in question.