Ann: Appointment of Mr Simon Linge as CEO, page-4

  1. 3,192 Posts.
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    employment commences in 2023, rudderless for another 3months. Certainly gives himself time to
    research the LIT we know. Don't think he would like what he sees so in my mind it not a done deal. There are others who have moved on after hiring by AG fairly quickly , the stain on their repute,
    being involved with AG and LIT will always be a concern. I note employment is intended to be Envirostream based in Melbourne so could it be Lithium Australia will be dissolved and the name changed to ??.... Enviro.......... ( .the future plan.? )
    as I once suggested AG should sell the name/company shell, could pay his salary for a year
    and if, a big if , battery recycling becomes profitable in Aust. competition will make Envirostreams
    task of earning a quid a lot harder.

    its a joke basing the incentive plan on share price, knowing how easy this can be manipulated with a SP turnover as low as LIT's, shades of Alan Griffin the Ex CEO and his accumulation and how they
    expect to pay that salary $400k pa. got me beat.

    all in all the ANN is a 'sign of desperation'
 
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