If the whole rationale for getting rid of Fraser was lack of any sort of meaningful progress, things are going from bad to worse. Have a look at GDs stellar performance with MTC. Him and his crony RM have been collecting their significant fees for the last couple of years with very very little progress, there’s also the small matter of poor a legal action regarding ownership of the 1 project they have that looks good, a foray into the latest trendy energy metal cobalt which was a dismal failure and subject to issues around non payment of consultants so some of the drilling results have never been received. These guys are professional directors whose track record speaks for itself.
I would strongly urge the people who were voting to ouster Fraser familiarise themselves with the publically available records of GDs performance in asx listed companies and make up their own minds whether this represents a step forward regardless of the project he brings.
BDI Price at posting:
0.1¢ Sentiment: Hold Disclosure: Held
