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20.5¢ wiluna mining corporation limited.

MJ has taken a full-time role - he isn't new to the company but...

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CashedUpBogun

8,249 Posts.

878

26/01/18

09:20

Post #: 30586912
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Originally posted by spartan300 ↑

There is no new management.

One or two new people on the BOD makes no difference unless you have a new leader, and even then every decision is still subject to a vote.

These guys are treating shareholders like morons. They finally figured out that BD is unpopular, so he's just stepped out of the limelight but he hasn't gone anywhere. MJ is not a new leader.

BD is still drawing a $30,000+ salary every month.

You say "they could be telling the truth for a change". That's possible, but based on past performance (which is the only thing anyone can go by) then that's not probable.

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MJ has taken a full-time role - he isn't new to the company but he is taking the reigns.

I wouldn't worry too much about BD and his salary. Blind fredy can see he's on the way out.

At the end of the day, it will be the people on the ground that will count, and the quality of the orebody.

BLK Price at posting: 7.0¢ Sentiment: None Disclosure: Not Held
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