Talking about duds, and following the article in the courier mail ....
Why on earth would the SAG want to bring back Andrew Gilles?
He drove the share price from plus 30c to less than 3c with a $20 million wild punt on Sconi ...
He spent millions on a mineral sand mine that turned out to be a dud an in doing so took a JV partner who funded that into the BX mine giving 50% away.
As the share price went sub 3c he left and handed over to Simon S. with;
A graphite project that has or gone no where
A silica sand project that has gone no where
A Bx project that is now approved with access ready to mine this year.
He, as the article says never turned MLM into a miner in all his years with MLM.
Maybe a board change is arguably needed but bringing back Andrew Gilles ..... no way.
Ann: Notice of General Meeting - Response Document, page-12
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