Lets get this clear, -> The current board is not up to the task....

  1. 2,750 Posts.
    lightbulb Created with Sketch. 510
    Lets get this clear, -> The current board is not up to the task. This letter is abundantly clear that advisiors would have told them announce the communique the day they recieved it... But yet again buried their head in sand until someone pointed out POINT BLANK they are walking dangerously close to personal liability.

    Now for the new proposed directors, really they should be more proactive with their plans. I am presuming no one is expecting them to be experts in negotiating African politics, law and or business practces, so it is up to them to clarify who they are seeking to hire as advisors.

    The excercise they are taking on will cost few million to get new advisors up to speed and go over past actions to formulate a plan to go forward.

    1. What did FFX inherit/purchase as far as mine rehabilitation from purchasing Morilla from Barrick
    2. Do they have the business ecumen to engage with LLL BOD - Have they already reached out?
    3. Do they have the experience to understand the intricacies the consultants will be advising
    4. Do they have the fortitude to make a deal with Mali Government

    Hopefully the 249D team isnt thinking they will voted in and all they have to do is slash and burn than wait out the LLL shares in escrow.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.