The board of directors simply aren’t getting it done, I’m not sure they are capable enough as a group. It’s their job to maximise shareholder wealth.
They consistently haven’t got the job done in a timely manner…. time after time.
The major permit was imminent in 2015. Here we are in 2024 and they still can’t finalise financing.
Furthermore, they are utilising Macquarie, Clarksons and Endeavour…. still no outcome.
When they say maximise shareholder value, it’s simply laughable.
I will be selling if the share prices reaches $1 which I hope may come true……. I don’t trust they will meet construction deadlines or any others moving forward as they have a track record of (lengthy) delays.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-11
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