You're being ridiculous if you put any of the blame on Fraser.
Ok maybe 2% given he was, what an NED when things went South at Morilla? Maybe exec, I can't remember. But even so, it's not his job to be across the daily, weekly even monthly figures - that was on the COO, Anderson and Cowden and the manager of Morilla SA. Clearly they all failed in their jobs and ought to take the lion's share of the blame. The BOD maybe for failure of oversight on the (lack of) corporate controls, and early warnings not to overspend. But for all we know Fraser was giving those to the Board. Nobody except they know.
The delays and faffing around the last 10 months is 100% due to the interim Mali Gov. Blind Freddy could tell you that, I'm sure the proposed Directors of the recent 249D would concede that. The Gov just refuse to accept the project isn't profitable. If it was, someone would have come in to buy it. Seems they want to run it at a loss, or break-even as a job creation scheme, well they ought to just get on with it, accept they need to pay for that to happen, and stop blaming the company that sank $200 million into it for zero reward.
Looks like we'll be getting what many here wanted, and that's waiting till the end of escrow for a redistribution of LLL shares.
Whether you can sell them then, and if they are worth anything, time will tell, but it's clearly in the hands of inexperienced bunch of cowboys running the interim Mali Government now. The ball is in Mali Government's court as to whether they want to be a pariah as far as international investment goes, or do their utmost to attract it in the interests of all.
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