KDR 0.00% $1.90 kidman resources limited

cfo......

  1. 17,709 Posts.
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    Hello there dabull
    Ought we hold our (baited) breath waiting for someone else to consider executive movements ?
    Or is your comment for the Number Twos Ladies Detective Agency?

    N2LDA does NOT believe non-fundamentalists to be more blessed.
    However from your Amens, thankfulness to the divine and holier than thous we infer you to be a religious personage .
    Therefore. whilst you seem to belong to a different congregation, you might possibility sing baritone in the N2LDA Fundamentalists Fortnightly Hymns of Praise Choir group when Mr Andrew, the handyman takes his vacation next year?

    Charlie McGill ... 2 years in the Pentagon after US Naval career, leading to Investment Banking experience ( as in heading up Morgan Stanley’s private equity advisory and lending practice in Australia) ...Austal ( more US military?) Wesfarmers , strong upwardly mobile career at IPL and then over to Kidman an unborn junior miner ?
    https://au.linkedin.com/in/mcgillcharles

    He was there February 1 2018 to March 22, 2018. .. that’s 17 weeks ?
    On Linked In it says six months but it’s not
    It also says that in the 17 weeks he lived up to his ‘high impact’ claims :
    Chief Financial Officer (CFO) of this ASX-200 lithium developer with market capitalisation of ~A$1Bn and strategic JV with SQM (NYSE: SQM) to develop the world-scale Mt Holland Lithium Deposit which has direct exposure to the high growth Electric Vehicle market.
    • Strategy: Implemented clear strategy: To be an ASX-listed 1st quartile producer of refined lithium
    • Group Finance: Responsible for accounting, treasury, governance, risk and compliance
    • Company Secretary: Responsible and led all ASIC, ASX and JORC reporting
    • Project Finance: Led discussions with potential finance providers for a US$400-600m capex
    • Commercial: Held negotiations with Tesla leading to a high-profile long-term offtake agreement.
    • IR: Significantly enhanced investor and analyst engagement and improved quality of investor
    materials. Share price increased 71% during tenure; research coverage initiated by J.P. Morgan
    .

    What’s he doing now? ... I don’t see him mentioned anywhere .
    After his sudden departure Kidman reinstated ex CFO, Jason Eveleigh until finally Frederick Kotzee started on August 13
    https://hotcopper.com.au/threads/ne...frederick-kotzee-as-cfo.4344270/#.W5UHYRo_Xmo
    Frederick was previously employed -for just a few months - as CFO at Kallium Lakes a 43c potash junior but with higher profile positions internationally before that :
    https://au.linkedin.com/in/frederick-kotzee-377a842

    How intriguing..
    The HC thread on Charlie exit gets 29 posts https://hotcopper.com.au/threads/ann-management-changes.4205665/ including speculation he got sick, didn’t know how to do his job, wasn’t doing it well enough, didn’t get on with the boss.
    Possibly there is a link between the announcement on May 17 regarding a million options being converted at 42,75c. https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvSTYO6g25zRmZq/Nrke92GA== and Charlie’s May 22 resignation. Possibly the final straw after other disagreements to do with power although posting ASX announcements does seem to be in order for a company secretary.

    I don’t think the smell of rat is necessarily indicative of a dead one in the ceiling .
    Shame he left though . He sounds as if he might have been a good man for the job if he had been allowed more leeway.
    Hopefully Mr Kotzee now has everything well in hand

    Cheers

    .
    Last edited by sabine: 09/09/18
  2. 1,447 Posts.
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    best bit of advice i could offer you sabine.....

    i notice you have sold recently.

    let it go. free your mind of kdr. move on.

    put this experience behind you, focus on a more rewarding future opportunity. learn from this.

    stop caring about kdr, and start caring about your next winner.

    it's all about freeing your mind space and mental capacity to have you peak and prime for the next chance that comes your way.

    all the best.
 
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