FFX (ASX) Why is BGS being dumped?

Originally posted by kcheers ↑

@columbo columbo

ive read your post and well written and as you say, its in your opinion. Why did one depart quickly? Did that person bring what to the table in skills?

It is apparent that he left quickly for several reasons. I think he was somewhat reluctant to take this position on but felt for current SH's. He inherited a basket case that needed huge focus and this would have clashed with his real skill set.

Finally, you may best look to former heads of the company and their confrontation to his presence there. It could have led to a huge legal matter with potential criminal charges. By leaving and taking the heat out, it has served SH's well and this person was "the man" to have done that.

Many possibly don't know the detail. Maybe people need to be thankful a real clash did not occur that caused harm to others.

I respect all former parties in Minemark, and each for their different skills. I do not chose to partake in any slandering of any of them. They all have different skills sets and I respect that.

I wish all holders well and trust there is great rewards here for all. and just like others coming to mine, I wish them all well. We need a huge supply in coming years for this disruptive period that batteries will support, and we need them to be very financial viable.

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Thanks @kcheers for your post. It's a bit odd for two non-holders to have a back-and-forth on BGS threads but your thoughtful post deserves to be acknowledged.

I trust your account of ML's BGS episode -- and, as you say, bygones are best left bygones. I agree that BGS, AVZ, and other ASX Li stocks can all do very well. Their success will be driven by the global surge in Li demand. Right now, Li sentiment is down, which explains why all ASX Li stocks are having a hard time:

Most have yielded negative returns since 1/12/17 with AVZ the worst performer, although as a holder I hope (and the graph suggests) that the impending JORC ann will change this. Anyhow, the point of the graph is to illustrate commonality rather than differences -- an ebbing / rising tide of Li sentiment lowers / lifts all Li stocks.

So no need for AVZ holders to trash BGS (or vice versa , especially not individual BGS holders. RV's attacks on BGS (while holding AVZ) and CLA (while holding WFE) are out of line, especially when he plays the man not the ball. RV wants to follow ML from AVZ to WFE -- great, I wish him (and you) all the best. Myself, I'm happy to pass -- I'm done with the superheroes, the 'in da 50c club', and the Easter Eggs. But, each to their own. As long as we refrain from tarnishing other coys, their SHs, and CEOs, simply to advance our own agendas