Mate, TD has only ever misread the temp in the room, but the mood of the shareholders, ever since he was given the role. Always missing in action, when most required, if you do get a response, it's the standard cut and paste answer, which effectively is "nothing to see here".
The fact of the matter is that last two positive annoucements were poorly worded and misleading to shareholders in some ways, revolving around actual revenues. less contractor payments, as well the lack of commentary of potential from sales.
Then the LDA announcements, lacked the commentary & rationale behind the agreement, why it is actually happening and the benefits to the company if any. Seriously, this guy is NOT an IR professional and the company admitted there was an IR problem at last two AGM's, remember the statement from Sean, "we are listening and we will act to rectify"......yeah right, nothing has been corrected or improved, it has only got worse.
We should remove our IR head and engage a contracted professional outfit to deliver what the shareholders deserve, information, fact & detail. Enough is enough, the whole debacle of yesterday could have been avoided with a properly worded announcement, by someone with talent.
GLTA< IMO & DYOR
BRN Price at posting:
35.0¢ Sentiment: Hold Disclosure: Held
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