RE:RE:RE:RE:RE:RE:POG now at $2379 US Hi Lifexprt
Reading your statements re start up. Wondering where you are coming up with the references to a problem start up following a badly managed construction affecting the share price or management decision to sell the farm?
I have started up a few mines, in construction manager and commissioning manager roles. All are under immense pressure, based on sold forward contracts. And it is always a serious situation that has setbacks that are eventually overcome.
It is common for mines to have to increase financing during the project life due to unforeseen changes or inflation or weather or you name it. The list is endless.
And there are always start up challenges with a new mine which you no doubt know, can take 6-12 months to get everything ironed out.
This management sell out at this stage does not sit well with me. And I am surprised it sits well with you.
Why has there been no agreeable statement as to why management took this path?
We will hear something eventually, probably when AGI has secured enough shares to make this a done deal.
Until then the champagne corks will remain in the bottle.