RED 0.00% 37.0¢ red 5 limited

Missing the big picture - massive upside, page-8

  1. 107 Posts.
    Nothing is confusing about the annual report. Mr Norregaard was paid $623,470 which includes severance of $285,000. Most likely he was pushed out thus the payment.

    Its in the market range for a CEO role of this type.

    Of course there would be high legal fees in sorting out the cease and desist and insurance related matters. This is just the way it is, unlucky buy costly.

    And Knight Piesold are some of the best for tailings redesign - you can't be critical of previous mis-execution then also be critical when the company brings in top firms that cost more. If they do their job, every cent is worth it.

    I can't understand why dissatisfied shareholders who lost money or whatever post on these boards - move on.

    This is one of the deepest value mining situations I have seen - by pressing the negative case you are not doing readers any favours.
 
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