I have spoken to him several times and did so when they held the revolt against the BoD... I also met + spoke to him at Sydney forum where he sold me out .... Was asked by me to open discussion on a serious issue which he failed to do.... and that was on behalf of all S/H`s... The issue I raised was quite relevant and had a lot to do with funding of LINDI.... In all my conversations with him nothing has ever eventuated and his excuse is Be Patient... I have raised with him why not push to accept full funding of Lindi at 18% which TB said was available when I questioned him....
He is now WKT whipping boy proven by all his support for the directors.......
There is NO WAY that they can do a better deal than 18% .... You are all living in denial of the truth... WKT BoD lack the skilled management to get the job done..... They have been given a WORLD CLASS ASSET that has been screwed and S/H`s have been butchered as a result.... What would the SP be if WKT did not suffer a 800% dilution with more to come....... and lets not forget all the shonky announcements .....
GPX are doing a great job under very difficult circumstances... It may not be what S/H`s want but compare that to WKT they make them look very ordinary.... to hopeless...... WKT had to pay JingPeng a further $1 mill due to what was a binding agreement when given 10% of company... IMO lets see what do`s happen with the funding GPX is negotiating and feel lucky that you do not have happen that BoD have done to WKT.
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