Come on you people @Koala1959 @Successwillcome can you hear yourselves.
What utter nonsense, in the height of the Pandemic both LG Energy Solutions and Posco signed off take agreements with QPM for supply of Nickel and Cobalt.
Highlights of that agreement 8/6/2021
* US 15m combined equity investment
* QPM Shares will be issued at a price of $0.1364cps.
* The commercial transaction is the culmination of extensive negotiations and due diligence undertaken on QPM and the Tech Project by LG Energy Solutions and Posco.
So when one really looks deeper into LGES and Posco one can clearly see they really do make sure they are completely satisfied that they are investing in a trustworthy board and a well structured company hence the extensive negotiations between the parties.
Why have they not done the same with Auz Mines maybe its because of Benjamin Bell Ramsden Marinelli and Co, have failed before and maybe its because they don't trust them so for LG to hold something at this point that costs nothing is a No Brainer to them, trust to the Koreans is a Major Factor in their decisions, hence why they invested in QPM they must of seen something positive, whilst here Nothing.
Yes leave this BoD's in charge and imo LGES will continue to sit on the fence as long as it costs them nothing, smart Business, dumb ass BoD's fro a Auz for not being able to do what the peer has done successfully, we need to get rid of this board, re elect the new CEO and get the company moving in the right direction and stop making up excuses for an incompetent Board that has told porky pies for so many years its becoming a joke stop filling up their feed bins, imo.
Vote No To All Resolutions Its Time.
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