MNB 1.89% 5.4¢ minbos resources limited

"The lack of finance, completely hashed and slow delivery, and...

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    "The lack of finance, completely hashed and slow delivery, and ramping up to a big team increasing costs before finance was in place has sapped my confidence that the company has the competence to deliver the project."

    Out of all the negative things I think of Lindsay regarding honesty, transparency, and communication, the fact that he gave himself an 80% salary increase when everything was and still is in chaos, and another 12m performance rights that he put out so hastily that he didn't even know what to do with them yet regarding their conditions is the most telling. The guy has no shame, maybe that's how he can smile all the time. If he were someone dedicated to increasing shareholder value, he totally could have waited for another year to actually DELIVER the damn project successfully before giving himself the bloody 80% raise and the performance rights, and nobody would say a thing.
    Last edited by riverflows: 10/04/24
 
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