Ann: Appointment of New Chief Executive Officer, page-33

Imo Anthony got pushed out by institutional holders pressure.

he did a splendid job merging with gmm and MtC and there after business outgrown him.

was Simon the ideal candidate or was he the next best available? Only time will tell.

board had NO choice but to make change, no long term institutional holder will tolerate such a large sp decline.

while our rivals doing offtake agreements left right centre, we stalled in all facets of our business.

we had no choice to sell to posco.

imo Anthony’s biggest mistake was to consolidate.



if this appointment occurred with Anthony’s blessing all good, if not more sp pain to come