Same plants, same resources, same leadership.
Plants = Something that could generate value
Resources = Something that could generate value
Macro = Although flat lining now, over the next 1-2 years the Nickel market could generate significant value for the right companies
Leadership = Demonstrated inability to generate value over multiple years.
Im of the mind that I dont care if board and senior management take pay cuts / get paid in shares, they cant do what they have been engaged to do, regardless of remuneration. Id rather pay someone who can progress the business than have free workers who cannot!
So 3 of these things belong together.... Time to lose the shoe / frog so this baby can fly!
Heres an old corporate presentation I found that demonstrates the point quite well IMV:
GLAH
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