They sure did employ Marcus the finance guy, he did not last long from memory.
We really do need to have a very comprehensive in depth look into the board and its workings, as I said previously.
I come to the conclusion that what AUZ has is not investable security at the moment. The risks are too high.
What risks are in question.
- The Sconi Resource is apparently ready to go, or so we are told.
- Management, is this a substantial weakness ?.
- Management, is it credible in the eyes of a sophisticated partner, knowledgeable, able to work with others, suitably disposed to international partnership cultures.
- Then there is a matter of my trust in the board, unfortunately there have been issues and broken promises for me and shareholders alike, how far does it go.
I refer to the London Presentation, the unwillingness to front shareholders in AGM's in the past.
The way management made me feel as a very large holder of the past remains to this day, not pleasant and certainly not reassuring to justify my capital.
I felt so strongly that I paid a heavy price to leave the partnership I entered into. That is telling, I paid to leave.
Do your own research and make your own decisions.
SK International did, they left, have not returned.
LG Chemicals have, and the jury is open on that, but they have not invested their money.
There is a common denominator in all of this, Mmmmm , what might that be
This is my own opinion and is not financial advice.
RED
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