B2Y 0.00% 2.9¢ bounty mining limited

Ann: Quarterly Activities Report, page-24

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  1. 205 Posts.
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    I'm making the observation that those on the ground, managing the operation, have no association with the old Bounty at all, so to blame management for this whole fiasco is wrong. I suspect you'll find they've been doing their best with what they've got. The problem stems from above - from the Board.
    Cook has been a troubled mine for many, many owners and this Board have painted an unrealistically rosy picture - now the reality has set in and this is what we have.
    Doesn't matter who's managing this operation now - company is cash-strapped, Board has lost credibility.. they're deep in desperation now. Superman couldn't fly in and save this mine now.
 
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