ill try not sugar coat anything, my posts do sound kinda fanboy like, but id say thats as im in shock of the response from people here... people who have been around for ages and believe they are going to reducing their holdings...
Jury out on MA? Why is the jury out deciding anything? He has been here 3 months? Ive counted 5 proactive videos, 2 webinars, 1 AGM webinar, Multiple radio interviews, RIU sydney resources conference, 2 weeks in Mali, visited both Morila and Goulamina, visible presence on twitter providing insight you dont normally see (its large loss to see that now gone)... Meanwhile check over the announcements since he joined in april. It would be fair to say things were in motion before he joined however im not sure what more he could do for holders... his not exactly been sitting on his hands.
Im still not sure what exactly people are wanting from Mike...
Give him some capital to work with, lets get this ball rolling! unbelievable, the guy says he wants a multisite asset worth over a billion and you want him to work with the few million positive cash flow. You pay bigger dollars for talent... why would you want hamper your MD with the recourses available to him... resources he needs to expand the business? 1 year from now, are you wanting to say "what has he even done in the last year, he walked in and the pathway was already set out, what has he actually added?" but at the same time huff and puff at the idea of giving him money to use to grow...
if this business, in a decades time, has executed Morila perfectly as per life of mine plan with no expansion work or acquisitions... that would be a complete failure in my book. Mike has shown he wants more, I want more, give him some cash to get it done.
There is so much more I could say about this re euroz, retail holdings... but at this point, if you still cant understand how a business grows from this point its kind of pointless... thinking the sky is falling and management has turned their back on holders... squabbling about your free lithiumCO shares have lost some value... We don't even know the structure of the new company! could easily be FFX 20%, Free holders 30% of the new shares, IPO style sale 50%... we don't know, maybe stop researching what edition of lambo you want from the classifieds and wait and see the structure put forward before you start actually associating a dollar value to your 'free shares".... a lot of spin out there are no free shares...
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