Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
So as long as Cobre keeps going there is no reason for this to get worse than where it is now.
Now if JP manages to get something together then this will shoot. Can he do it? I keep thinking of broken clocks.........................
Im still hopeful, things are a little against SML at present, copper price is lower than hoped, but that WILL change, low take off at Cobre and some rather less choice decisions by management. This is all against the fact SML do have assets and no debt.
I would have thought a few director buys may lift spirits, but if they are not taking a salary that maybe harder to undertake.
There is no rush as much as that is annoying, just maybe waiting maybe the smarter long term move.
And yes im royally f****D off by this situation like others.
At less than £4mil MC the costs of this company MUST be reduced way more than the small steps undertaken so far.
Personally i still think JP can do it, but he needs to grow a pair and make some horrible decisions that affect his colleagues.
This is what a leader is and does, not just carrying on.