Hi AFD and all,
I think you have guessed it correctly he is doing what he does best! Why ever the new blood did not remove this incompetent once they had the chance is beyond my belief.
I can only guess he wants to return the money to shareholders rather than blow it on some other equally foolish folly such as Goldstone.
He must know he is now virtually unemployable in any future mining venture and is desperately trying to hold on to his current job. Taking the share from 20 cents to where was before the new blood came in and then offering half a cent back in my opinion sounds like twenty steps backwards and half a step forwards.
Certainly not the kind of managerial team you chaps are going to need to sell the Bendigo assets (if that’s what they are) or get Dargues up and running.
He has some thick skin though giving himself options when he deserves the DCM. (Don’t come Monday!)
Good luck with this shambles I feel you are going to need it if this team found five ounces per tonne I believe they would still find a way to cock it up, they certainly have the runs on the board.
Cheers and very best regards: Andy
Add to My Watchlist
What is My Watchlist?