1MC 3.23% 3.0¢ morella corporation limited

News: AJM Ningbo Shanshan's Unit Signs Agreement To Invest In Australian Mining Firm, page-71

  1. 159 Posts.
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    Guido
    I for one take offence to your post , I have been bagging management for over 3 years but did not make my feelings public
    I consider myself a loyal shareholder and haven’t sold a single share , my biggest mistake was trusting management and that in turn has eroded by wealth by 40 %

    I fully understand the current market is woeful but this is no excuse for extremely poor PR
    I will single out our MD for his extremely high salary ( from memory $0.9M per year ) and during this time the share price has took a large hit , I would expect him and top management to be more proactive and also take a pay cut , this would in turn reduce our out goings so we could be efficient
    As for visiting China 1. That is their job
    2. The trip was fully paid for and the we’re getting paid at the time

    When I do break even I will sell my shares and move on , I still have faith in the project and where the future lies and still have shares is several other spodumene companies but the extremely poor PR just does my head in
 
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