ASX at record highs and Lucapa continuing to test record lows.
Very sad state of affairs. Our MD, management team and board need to take some accountability and take steps to turn this trainwreck around. A good start would be to stop the endless dilution and put the share price at the top of their list of KPI's.
Notwithstanding some stellar results from Lulo and Mothae, the corporate strategy, management of capital and risk has been extremely poor IMO.
SW is a very capable guy but he needs to pull his socks up and start delivering results.
Ann: Results of Share Purchase Plan, page-7
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