RE:RE:Unbelievable....The RMC team was very very good, and they control costs very well. Everything about them is top notch. We trusted them completely to have the shareholders best interest in mind. News releases and their timing were well thought out and came at the opportune times. They cared about the share price.
For those of you who have not seen how the RMC management team operated, you do not know what you have missed. And to NSU shareholders: you do not want return that is more like RMC??
I think NSU should have retained the RMC management last June. NSU wanted to go at the Timok project alone and they did not put sharesholders best interest first. NSU was abruptly allocating management resources to Timok while not focusing in Bisha at the critical time of tranisitioning to copper/zinc production. In addition, stepping in to work with Serbia, a government NSU has not dealt with before inherently has its challenges.
I for one strongly believe NSU will benefit a lot to have the RMC management team come back. I have been disappointed at NSU in their handling of the copper/zinc transition operation, the news releases, the way NSU gave their guidance of quarterly revenue (I expect revenue in $ given copper, zinc prices and not in Million lbs or oz shipped) ....
It is not too late to bring the RMC management back.
It is obvious that NSU is focusing on operation as both the new CEO and now the head of the board have extensive operation experience. Going forward, I hope they will maximize and improve the revenue and net profit in Bisha while control their expenses and costs in the development of the Timok project.
I urge NSU to examine the compensation to their management team. A management team being paid huge salaries while owning hardly any shares have employees and employees do not have the same mindset as shareholders. Maybe part of their salary should be in stocks that you must keep for a few years so they feel the pain like we do in times like this.