xstrata behind takeover preparation?, page-43

Au79,

Wayno sees things his own way and runs the Company how he considers it should be run -

Pros: He's really gung-ho & not afraid to get in & do stuff himself;
Cons: He's really gung-ho & not afraid to get in & do stuff himself.

He's certainly not been diplomatic enough to the 'big end of town' & je's made various statements 'off the cuff' to the press which has landed him in some very hot water in the past., such as the initial 100mt @ 2% cu statement, the dog with 2 appendages presentation at the SMC, the statement about Brokers also having appendages the size of ants, the 'don't sell' comments & it will be $25 by Christmas & the Xstrata T/O comments etc etc. Not to mention 'outing' moi at the AGM - for those holders that still remember, lol!

Notice we're talking about Wayno here tho, and not the Company??? That should give you a clue!!!

With regard to your first paragraph regarding an inaccurate JORC, I can remember him having to retract the "statement" I mentioned above ie; the 100mt @ 2% cu at the time of the price spike which resulted in the Company being placed in a TH until it was clarified, but it was not a JORC from my recollection.

However the CDU story turns out is certainly going to be interesting tho imo.

Btw, I haven't held stock in CDU now for years, nor have I posted much on CDU at all these past few years, nor have I followed it in any great detail - so there's absolutely no hidden agenda for my posting my opinion on these threads - jfyi.