Is there an explanation for the comatose marketing effort we're seeing despite the hot lithium market?
I've seen some sad presos in my time but nothing so lame as the spotted dick diagram served up at the Benchmark Min conference the othe day. No Gantt chart, no sensible schedule, no time frames at all.
It is also concerning that KC has enormous financial incentives to perform but has so far been unable to secure material funding or customers. The board's role, its most important role, is to choose, review and where necessary replace the MD. This is Australian Corporate Governance 101.
If the board doesn't act then mechanisms exist so that shareholders can, via an EGM. It may be time to start talking to the top 20 shareholders.
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