ESS 0.00% 50.0¢ essential metals limited

Ann: Half Yearly Report and Accounts, page-14

  1. 1,625 Posts.
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    Lockitt,
    you sold out of the stock while DC was still in charge, yet you still advocate for him. I recall you making a statement at one point that even Dave would admit he was probably over paid.
    Posters here, and obviously a sufficient percentage of shareholders, were tired of waiting for the promised “Company Maker”. As I have said before, DC was paid too much for too long for delivering too little. There were too many “Mavis is great”, “Blair is a company maker” and “we have lots of valuable Feldspar” statements made and not enough “This is our 3 year detailed plan of how we will deliver shareholder value” statements.
    As has been pointed out before, we really only had Dave’s word about the quality of PIO’s assets. Without the hubris, we can now find out how true those statements were. There are all the same assets and nothing else. Regardless of the ability of the “new” management, that should allow us to find out if the old Emperor had any clothes.
    If not, atleast the band aid has been torn off, and the truth will out.
 
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