RE:RE:RE:RE:this cie has a poor CEOGood morning Hobbes,
You've read my mind well. To elaborate - I believe that the market has not reacted positively to the accumulation of assets overseen by Mon. Hinse because the operational reccord has not matched his projections. Goals have not been achieved, not even close, and letting the grades and tonnage processed slip at this critical time has been a huge setback, IMO.
In any other business setting this CEO would be in deep trouble with is Board and this Board group has put millions on the line to support Hinse's efforts.
Hinse has not proven himself to be an operator and just may not have it in him due to a flaw in his management style or because of his advanced years.
Hinse has made significantly upbeat projections for the second half of the current quarter and beyond but the market has NOT indicated it believes him.
In any event I am convinced that a savvy, industry respected COO is much needed - now! Hinse may be a huge obstacle in getting this done.
It is a shame that the potential of ABI is having trouble getting on-track - the blame rests somehwere. It all starts at the top - whatever the enterprise.
....and so it goes.