Somewhat of a revolving door of senior management at KGL. Three CEO's and some BoD members in reasonably recent times. Simon Milroy I understood as there was severe cost cutting and Denis was shouldering great burdens, The later Simon (was it Fienes?) was a mystery from the start. How badly does a company bleeding funds and years away from building a mine need a CEO as such? Why did so much of the BoD go with him? Why did that Simon promise us a productive mine by July 2023 "or you can throw fruit at me"? Indeed how far from having a productive mine are we? I wrote the Chairman asking how long after a FID was made would we have a mine working in rough terms? No response. We aren't being very well informed IMHO
KGL Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
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