Apparently Swan is canning some high level employees, including Sam Callahan, and backing away from their mining ventures.
They haven't been involved with mining for that long...they bit off more than they can chew I'm sure.
Cory spinning layoffs and divestment as an "incredible moment".
They learned what a brutally competitive industry mining is. Halving was 3 months ago, and they've been getting squeezed harder and harder since...
Incredibly short sighted to launch a mining venture so close to halving.
Possibly they are over run with yes men?
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