re: Ann: Board Recommends Reject Revised Take... seals,
" I note he and AD are getting a million dollars between them p.a."..............................................
I could accept that salary package IF Drummond actually achieved some of his forward projections, unfortunately to date that is not the case, in fact his handling of the UCL takeover just proves how under qualified he is for the job at hand!!!
One issue that now becomes a problem for UCL in their attempts to raise finance for the Sandpiper project is that the potential financiers IMO are unlikely to come to the party whilst there is this current animosity between the joint venture partners?
The takeover has no hope of success IMO as Drummond has lost any creditability with most MAK shareholders and the UCL shareholders are aware of this fact.
cheers,
dapper
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