RE: Tragic24 Apr 2019 14:20
Aww that is so sweet of you to say so.
I suggest that you do some research on Steelmin.
Three things happened re Steelmin; the management team didn't operate to Western standards re cost control, hence why the CEO got the bullet: electricity prices went through the roof because France took its nuclear power stations offline; the prices for ferro-silicon dropped.
I am still of the view it will work out okay on Steelmin; however, RRR and AB should have forced it into administration last year before the management team took on more debt.
Would being his latest chump include telling him to his face that he shouldn't have done the diamond deal and it was a mistake and telling him that he should have put Steelmin into administration October 2018?
All of the above is all well and good but regardless Musonoi is a great asset.
We have told him that he needs to get rid of everything else and concentrate on the DRC.
DYOR