RE:RE:Don't worry folks the sky isn't falling.... Couldn't agree more
another possibility is that the powers that be are setting the Company up for a sale.
Endevour was approaching ( achieved briefly?) the status as a top 10 producer.
they elected to get out of the riskier region of BF which has set their gold production back towards 1 M ozs. This is temporairly until a couple of significant new assets come online - eventually putting them back to over 1.5 M oz annually ( within a couple of years)
potential buyers will be interested in the long lived assets in relatively safer jurisdictions and with outstanding AiSC's
I think the former CEO was competent but not up to the task of executing a mega merger where perhaps he wouldn't be needed.
All speculation on my part... but I'm sure that a mega merger or takeover has occurred to the BoD
MM