nothing to be scared off
new mob can’t be worse than old, when Alistair Clarkson took over hawthorn he was unknown look at what he achieved
I am to give anyone a go for 18 -24 months
motto is perform and give another term if not move them on, tt and alike aren’t doing charity service their ilk is very well payed
no company needs to suck up to and be manipulated by institutional or major holders, 85% of retail will back every cr to raise funds to progress works provided diligent management is in place
imo Kai has decent lithium and gold tenements
also imo tt should have started lithium works as soon as he received the tenement back, this was not a new tenement I am more than certain that some work would have been done previously
tt wasted millions on dusters instead of wasting more on proven areas to build jorc
tt was happy to waste and announce new targets
why wouldn’t he go all out on proven targets?
this lithium and gold price boom won’t last forever as every commodity has a cycle
iron ore had its boom then plummeted for quite a few years, then may last year peaked 230 a tonne then went under $90 now over $140
lithium had a run late 2015 to January 2018, downturn lasted 2 years now in bigger boom than previous
gold booming 2020 onwards and tt didn’t make hay while sun was shining, poor misguided decision were made on drill targets and he promised so many news avalanche, what he didn’t count on was revolt
imo tt hoped by announcing few new targets and helicopter ride would stabilise sp
wcn major holders removed all bod few years back to and the ceo was arrogant as well, a disappointment major offloaded on market if remember over 50mill shares killed off sp and ceo resigned imo was forced out
can anyone tell me ( I am fair) since the 9c pump what did management actually achieve since? Was more ounce added to jorc? what value did the last $10 mill add to Kai sp? What will the current millions add to sp value if all stayed status quo? where is the promised avalanche of news?
Can tt give work targets for next 3 6 9 12 months
and finally to the fellas that requested bod spill, be very sure of your capabilities and skills to manage and take Kai to next level, if in doubt of abilities don’t put your hand up, it’s best to hire from outside
as proven by your actions, won’t be hard to get 5% to remove you guys, so if in doubt and to protect the kai brand refrain from nominating for chairman and CEO’s position, nominate for non executive director positions
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