GREY:SWYDF - Post by User
Comment by
mjl777on Feb 07, 2017 1:42pm
181 Views
Post# 25811316
RE:Assessment of NR, Forecast Numbers and Conference Call
RE:Assessment of NR, Forecast Numbers and Conference CallI agree wholeheartedly. The diamond recovery issue is a major blunder. Apparently, Mr. Manson has owned all the minor successes achieved to this point. Who will step up and own this failure?
Stornoway has once again failed to deliver on anything of significance. Sure, the plant was commissioned ahead of schedule (BTW, only by padding the original timeline), but come on, a poorly functioning diamond recovery circuit and they are just bringing it to our (i.e. the retail investor's) attention now? After the stock price has dropped almost 40% from the 2016 high?
This company desparately needs new blood at the top. While they're at it, they can trim some of the VP positions and other unnecessary G&A expenses. There was never any need for a company at this stage of development to be anything but lean.