Originally Posted by
Landyman
Wow - that took a bit of reading. Times are a changing.
Agree, losing Matts ability to raise capital is a problem, however his (and his teams) ability to make any progress at mining has been his downfall (ridiculous salary too), current position was inevitable, there have been so many broken (hill) promises that future CR were in doubt of being successful. Off the top of my head there was the on-site processor plant that failed, then potential using chemical treatment to process (was it microbes), the previous call that NTL was full-funded to achieve what they needed to but now we hear its $12m away.
Very tough position to be in, and surely NTL is now prime for take-over - unless its not worth it.
Fun times. Boom - Jonu - lets hope for some better governance