Management overpaid is an understatement.
We need a MD who has experience in taking a company through the finance and development stages and PB to move to a project level with a corresponding salary reduction, perhaps with an incentive to keep them accountable?
Would really love a show of confidence with the board making a substantial purchase of shares on market given they are currently selling at the frustrated shareholder discounted price?
i whole heartedly agree that EIS is the key to this project. No refinery, no project.
I am also concerned about what lender would give 6-700m+ to a company led by PB. I am sure they will want to see some mine development experience in the board?
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