Looks like carnage now. Update from a former staff member;
1. exploration manager gone 2. Mine manager will be gone soon 3. GM has been given his notice 4. Acting interim CEO contract ending 5. No announcements made on strategy to remaining exploration staff.
That means NO management will be left at all - just a small core team of 6 geologists and 2 field assistance. You would have to think they have a merger in mind with a company with existing management structure.
The board has gutted this company. Sure they have stopped the outflow of cash but they have put the company in a position where there is no leadership or strategy. The only plan is to do nothing for as long as they can or until some related company to Allied can merge with them!
TAM Price at posting:
7.2¢ Sentiment: Hold Disclosure: Not Held
