We both see the appointment of a professional CFO as a positive development. It is a major step forward by management even though they probably had little choice.
I sincerely hope that Kingsgate has sufficient financing now to embark on a new and exciting era of mining. Anyway, I would like to think our new CFOwill quickly sort things out, if that is not the case.
You have had your view about management’s competency on the financing front, and I have had my view. What has happened is now firmly in the past.
I am most happy to have professionals run Kingsgate. Align their interests fairly with the owners of the company by incentivising them with a decent and fair options package. Speaking generally, in principle, preferable to issuing them to financiers. If we all do well, there should be no problem.
Cheers to a brighter future for Kingsgate.
We both see the appointment of a professional CFO as a positive...
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