You know what he's been doing, he tells you every annual report. It's in the back, read it...he's been dividing his time between his other 4 director positions, at the other 4 companies he works for. He has other responsibilities.
When he needs a top up, he'll make some more promises, do a cash raise, dilute the crap out of your holding,
re-consolidate the number of shares, and restart the gig. Wake up.
Dude, this was the guy that tried, and failed (for obvious reasons), to change this company into a gold-nickel explorer....during a once-in-a-generation uranium boom! Did you even know that? That's how come the demerger is even on the table. He couldn't sell the assets, so he's stuck with them...hence the demerger. It is based on a horrible catastrophe, that cost us millions. We could have had pilot plant, and DFS, completed years ago.
You have no idea what you're dealing with. I just don't get the rstiinale of the large holders? Why do they put up with this ridiculous situation, why do they put up with him?
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