RE: The last hurrah16 Nov 2023 17:10
RH. It's a turn of phrase when someone says, a public enquiry is due. Not an ACTUAL public enquiry. If anyone was going to be conducting anything, it should be the FCA or the Police.
Does noone else find it coincidental at best, that TB disappeared just before it went belly up. Or that there was significant sales prior to this. Inside info? What else can it be?
As for the mines potential. It could be lined with gold and diamonds, but if the muppets can't organise themselves to get it out in a timely, cost effective manner, then what's the point. The failing was always believing it should scale up to be something it was never going to be. A smaller operation with lower cost base to ride out the bumps would have worked. A small steady ship. But they took in too much cash, made too many promises and told too many stories for it to be a slow worker. It had to become this monstrosity that has to cherry pick stopes to stay alive. Because otherwise, how would they repay the cash, how would they make the promises of billions. Numerous mines etc.
The whole thing was a farce. NLR needed guys like me, baz, blakeney on the board, to ask them what the fike they're thinking at periodic intervals.