NRL 0.00% 4.7¢ northam resources limited (application withdrawn 21 november 2022)

can't believe it NRL was heading towards 20c...and now 15c...all...

Currently unlisted. Proposed listing date: 16 DECEMBER 2022 12:00 PM AEDT##
  1. 407 Posts.
    can't believe it NRL was heading towards 20c...and now 15c...all I know is that buyers are making all of it now...accumulating...it doesn't change what is in the ground...NRL will get someone better to manage...seen it all before...



    Management is a huge factor in resource Companies. This should not be under estimated. I have seen sub standard management drive Companies under with a good resource and I have seen excellent Management run a Company profitabaly and successfully with only an average resource.

    You are right the change in Management does not change what is in the ground but management is vital along with other factors of course...commodity price, macro environment, costs etc etc.

    Im not saying that this resignation is good or bad for NRL.

 
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