Australia's largest stock trading and investment forum Australia's #1 stock forum

SLR

Click for more information

0.00%

$1.57 silver lake resources limited

One thing will work. SLR to merge / takeover with NST. Cutting...

First 17 Last

Share
Profile

Follow
baakie

148 Posts.

1

28/10/14

15:44

Post #: 14194496
Share

Originally posted by Discoveryman ↑

Hello Zog,

I fully agree with you but the damage is done and no member of the board will be held accountable. There will be no financial penalty, they will simply migrate to other mining boards and carry on with business as usual.

In fact most of them sign contracts and if removed are paid a termination benefit again impacting on shareholders.

The current system is wrong, it is a huge expensive process to get rid of a director.

I recall the MD of NMG which went down the gurgler due to mismanagement received a termination payout of almost a million dollars, there is simply no fairness, accountability or redress for shareholders

Expand

One thing will work. SLR to merge / takeover with NST. Cutting overhead big time and continue with the NST directors.

SLR Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

PMT

High-grade lithium zone extended at Patriot's Corvette project, drilling grades at 5%

CXO

Core Lithium narrowly beats guidance on FY24 spodumene production but 1Y returns still shattered

HCH

Hot Chili sets up water company as drought racks Chile–but must also build communities a desal plant

RXM

Rex Minerals soars 60% on $390M Indonesian buyout deal from MACH Australia

WCN

White Cliff gears up to explore expanded Nunavut Cu-Ag-Au project in Canada

There are more pages in this discussion • 26 more messages in this thread...

First 17 Last

Add SLR (ASX) to my watchlist