Giddyup
Kos is trying to grow the company on a $2m annual budget with minimal resources. In order to secure partners to fund a $300m plant requires very high level skills and knowledge. On top of that, Kos can't exactly rely on the company's $20m market cap to gain respect as compared to a white energy that is valued at $1b (when I last checked).
How many CEO's are you aware of (that are trying to do deals with billion dollar companies) that are earning under $150K per annum?
These constraints means that he is badly disadvantaged and yet he is still energised and motivated to close a deal.
If the Board was of the view that Kos was incompetent of closing a deal, do you think they would have kept him on still?
I can only judge his performance based on what has been said about him by the Chairman at the last 2 AGM's and in several announcements. The Chairman speaks very highly of him.
What I think is irrelevant because I am not in a position to judge Kos and nor is anyone else for that matter who isn't involved with the company.
If I was disatisfied with the company I would have sold out a long time ago. I am still holding a sheet load.
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