@brotherprinter noted, and I don't want to harp on about it, but if Simon should be focussing on bigger issues he has clearly taken his eye off the ball by not having those ponds lining and filling in the timeline he established.
I consider the lining and filling of the ponds to be a significant event in the timeline of Sal De Vida, and ensuring that target is achieved was in my mind incredibly important for stamping that not only Simon Hay is a man of his word, but also that the company is able to execute at Sal De Vida.
It's a shambles that's what it is, they cannot do what they say they will do and they cannot communicate with the market. No wonder the share price has been screwed down as hard as it has. They cannot continue to complain about the price of lithium forever.
Not many of you would realise but the price of lithium has doubled over the past decade. It's much better pricing than was initially available when Mt Cattlin was under construction.
I was reminded over the past few days of a photo Iggy Tan sent me that was signed. He appreciated me as an investor in his company. He was also focussed on improving the share price and realised very early that vertical integration was key. He could see that Sal De Vida was going to be an asset that would be the future of Galaxy, and initiated the take over of Lithium One to bring it to us. He was a man that was well ahead of his time and it's a shame that the lithium market didn't offer him the same as what this management has been gifted.
So whilst everyone celebrates this management, it's worthwhile remembering that it was Iggy that gave this company all that it has. Even that converter that Anthony was able to sell off, and that 50% of Sal De Vida he sold off too.
Iggy was a communicator, he kept the share holders in the loop and was regularly popping up on various TV shows.
This company needs an Iggy again, a communicator. Someone that looks to the future and wants to grow the company rather than delay delay delay and not keep the share holders informed.
So if Simon isn't responsible for keeping the holders informed then who is? Isn't that Anthony Tse's job now? Or is that all down to Daniel?
Maybe we can hang it on the chairman, and when he is gone in May blame all the failings on him.
Someone is going to need to pay the piper.
