Friday, July 25, 2014 11:01:49 AM
Maybe after the summer holidays, September, there will be a revitalized attempt by Management to rescue the Company?
Can only hope at this point. If Management has a rescue plan I don t understand why they don t communicate those plans to the shareholders directly and concisely. With the proviso that the asset is "Business" viable, having a large shareholder base and a Public Market listing it defies common sense not to move the Company forward in some meaningful way.
According to some there is a grouping that are even prepared to put more money into the Company (although apparently no effort has been made by Management over the past two years to access it). The true test as to whether this is a fact only comes when the check has to be written. That said if you are a serious business concern, and act like it, funding from alternative sources would be available if the opportunity is a serious one.
Seemingly the ingredients are there that would enable Management to take a good run at turning it around. Except maybe the will and expertise?
I don t know the answer but I do ask the question. What is truly preventing the Management of Sarissa from moving this Company forward and turning it into a true mining concern?
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