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12/07/19
23:27
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Originally posted by setfire2thehive
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I'm relying on the greed of the current directors to make something happen.
All their shares are worth 0 if it goes belly up.
Klaus use to have a pretty good reputation, as finding the sweet stuff and handballing it off, but all his other stocks tanked afterwards so was a dumb career move IMO. but he's got enough coin to burn.
if Nigel or this team go down the same path, they'll be blacklisted as well. I think Nigel actually wants to go for glory on this one, just believe he's out of his depth. hasn't exactly got experience of running a potential asx100-200 co etc
think he'd be much more effective doing what he does, geology. let someone who knows how to run a business run the business.
SF2TH
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Perhaps the clearing out of past unproductive relationships entered into by a previous CEO was a prerequisite for a person with actual proven ability to take on the role of replacement CEO