Like most of us, LG is likely impatiently waiting for the appointment of a new CFO.
Les Guthrie became the interim CEO in May 2022 after Ben's quitting.
According to Google the average time to replace a CFO in the market for mining companies is 4 to 7 months (as a guide).
assuming the above comment, AUZ Board should start negotiating with LG to extend its Agreement from 31/12/22 to no less than 30/06/23.
I hope Les does not try to be a hero thinking that he can "put this deal to bed" because I think it's bigger than him (all in my opinion).
Once again, the AUZ board seems to be "dragging" its feet on the "creased carpet". I say this, because, clear/uniform/timely communication as always is lackluster.
Like most of us, LG is likely impatiently waiting for the...
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