CRE Leadership
There has been a lot of chatter about CRE leaderhsip on this board lately, kinda ending with the open letter to investors.
My disappointment remains. There was so much lead time before the permit was issued. I don't see why they couldn't have had an agreement in principle in place that was conditional on a permit being issued, before nNvember. The lack of ability for this team to move this forward is frustrating. I have worked for the largest mining company in the world. I have a sense of what business development is like in this world. Is it is, or is it ain't a seller's market?
It just feels like these guys are not starting work on a thing until the thing before it is finished. It's like they didn't start looking for a partner until they had the permit. I can't help but think that these salaries should buy us some action. (yes, they have done stuff . . . generally at half the pace they lead us to expect . . . the vlaue is limited)
I don't know the story here, but I see a whole lotta stuff not completed. I feel a laxidazical vibe from CRE. Why is there no tone of urgency from these guys? Are they too comfortable?