K2F 2.70% 18.0¢ k2fly limited

All Time High, page-17

  1. 5,619 Posts.
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    Hey MissAJB,

    Very quiet around here. Sell pressure is non-existent. Arguably, so is buy-side, but looks to me like it's getting ready to go for a run.

    What might the catalyst be? Still waiting for BHP to come on board. Surely they must be working on it, getting close? Maybe the acquisition they've hinted at? Maybe more Infoscope deals?

    If anything could put K2F and Infoscope front and centre of the urgent need for ESG software for management and statutory reporting, it would have to be the debacle with Rio resulting in the exit of CEO Jean-Sébastien Jacques.

    https://www.marketwatch.com/story/rio-tinto-ceo-resigns-over-destruction-of-caves-2020-09-10

    "Accountability for the destruction at Juukan Gorge should rest at the highest levels of Rio, but a larger, systemic issue of how the company and the mining sector negotiates agreements with Traditional Owners needs to be urgently addressed.

    "The destruction of the caves resulted in a devastating cultural loss. In addition, it is of significant concern to investors because it puts at risk Rio Tinto's relationship with key stakeholders and its social license to operate."

    "Lawmakers in Western Australia this year said they intend to introduce new legislation that resets the relationship between indigenous groups and land users, including miners."

 
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