Amigos, it is worth watching the interview Trangie gave a year ago with his opinion of the big year ahead (in 2018). (It's on the New Hot Copper site to the right of centre screen.) None of his predictions have been accurate, but he can't be expected to shoulder all of the blame for the collapse of the JV. A major problem is that COB doesn't have any geologists or experienced miners in the top positions, so their decisions and actions have probably been "unorthodox" to say the least. And their strategy to takeover the JV by any means reflects it. I've copied and pasted the CVs of the three big boys at COB - they are bankers and lawyers (it's from the 2018 AGM of COB).
"Independent Chairman –Robert BiancardiIBM, Citibank, Westpac and Evolution Healthcare senior management and DirectorNumerous directorships of private companies including Rockridge Private Equity, Hutchisons Child Care (successful ASX listing)Board Member of the Heart Foundation of Australia, Diabetes Association and the “Bread & Butter”
ProjectChief Executive Officer –Joe KaderavekDeutsche Bank, Head of Resources, equities / investment management, resources and energy storage technology focusPricewaterhouseCoopers performing operational reviews and strategic assessments across mining, minerals processing, railway and port facilities throughout Australia, North America and Europe; worked extensively on secondment to BHPB and Rio TintoInternational consulting role focused on renewable energy / battery storage technologies
Independent Director –Hugh KellerRetired as Managing Partner Blake Dawson (now Ashurst) after 35 years in full time legal practice.Non-executive director of ASX listed Thakral Holdings Ltd and of LJ Hooker Ltd and in both companies was a member of the Audit Committee; Chairman of a large private investment company with over $150m of net assets."
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