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Ann: Quarterly Activities and Cashflow Report, page-183

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    Seamus Cornelius got rid of Niels Wage the previous unsuitable CEO of DNK by paying out his contract (6 months) with an equivalent value of options. They searched the world and he was the best they could come up with.
    Perhaps they could payout JB with options and get an experienced CEO. My instinct is that the mill needs a major upgrade which they find hard to accept. I hope I'm wrong.
    The board could set the CEO a targets to achieve nameplate production (and recovery!!) by 30 June and JB resign if not met. In the meantime look for a replacement.
 
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