TSXV:FCO.H - Post by User
Post by
BarnFindon May 11, 2018 11:40am
91 Views
Post# 28018682
Construction Process
Construction Processif management is listening, I suggest that they go to their construction contractors and provide a cash incentive if they complete early. Of course this should be matched up with a cash penalty if they complete late.
Time is truely of the essence here, so all of the contraction contracts should reflect that. Management needs to manage the construction process, not sit passively by and hope all goes well.
My experience with contractors in this part of the country is that without incentives/penalties, the project will not complete on time.
I agree that this company is the trading under what the SP should be, but I think that is due to a lack of execution and that a cobalt mining company has value only if it produces cobalt.