Yep, the first BS excuse was that the weather was horrendous. That just means that you can't excavate the ore, it doesn't explain why your costs are higher than your sales $$ of gold. Gold disappeared!!!!
The next BS excuse was that there was a high element of stripping. If that is the case, why did they not know about it before hand. They have drill results telling them where the gold is in the ore, so they must know how much overburden of waste rock there is. The level of stripping should not come as a surprise.
Sounds like a lack of supervision after the first quarter (profits ok then) and none of the board could be bothered dealing with it.
Hopefully this will be a turning point.
Yep, the first BS excuse was that the weather was horrendous....
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