Here is a fun observation:
Maybe the investment community isn't as concerned about the Malian sovereign risk as it is the local sovereign risk that is inherent when a stock has a problematic retail shareholder base?
Maybe it could also be the "problematic" retail shareholders that thwart Hay from getting more applicants for top executive positions because of their concerns of a problem group? Not saying this is the case, also not suggesting that Hay hasn't appointed great candidates either.
You know the type, judge/jury/executioners that clog the email inbox, telling the Managing Director who should go/who should stay and how to run the business!
Case in point:
2 announcements made by LLL today being:
~ resignation of Hepburn
Posters are more intent on adding to the discussion, pats on the back, high 5's, market has spoken, FFX sweeping out, blah blah blah and at time of writing has had 36 comments/posts
~ Port Services Agreement Formalised, and as pointed out and highlighted "(sic) ..... product receival and export from 1 July 2023, allowing for the potential acceleration of the Goulamina project timeline"
Whereas, this fantastic news has had 12 comments/posts, and we wonder why the stigma of FFX remains.
cheers
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