C7A 5.88% 1.6¢ clara resources australia ltd

Ann: CEO's Address to AGM, page-2

  1. 4,848 Posts.
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    Alas, all the unforeseen woes that have befallen our project!

    Still no ownership from the top.

    Question 1) If you can’t manage a small scale mine like Granville then what chance do you have with a flagship like Taronga?

    Question 2) If all of the mechanical problems and issues with the machinery was out of your control- why buy equipment for peanuts- yet pay exorbitant Salaries and bonuses for the BOD?

    Question 3) If the issues with the underlings- like Jemrok and your mine manager weren’t flags from the start- then CEO needs to realise he’s getting big money for just that- ensuring dd is done on these employees!

    Question 4) Moving forward is happening behind the scenes- but to get anywhere money will need to be raise- and share issue will already be 4billion, so consolidation and raises to come- more dilution and yet more share price drops?

    Question 5) Where is the value or future for share holders? Time the companies addresses share holders KPIs and that is share growth- not BOD wealth
 
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