GUF guildford coal limited

Craig Ransley back as Chairman, am buying this

  1. 177 Posts.
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    Some real leadership @ helm now... & you have Noble/Ochard supporting this! I hate buying these mining companies where management have no ownership & only thing they mine is shareholders for salaries, notice he didn't take a $250k a year fee salary for doing nothing.

    Looks to me shake up time, he already took the board to the wood shed, bunch of dead wood gone & still a bid from these Sino Constructions guys on table right ?  

    Microsoft Word - ASX Announcement Template Board of Directors Update
    "Mr Craig Ransley is rejoining the Board as Acting Chairman effective today. The Board’s decision to reappoint Craig follows support received from both the Company’s major financiers, Noble Group and Orchard Capital Partners, as well as shareholders representing more than 50% of the Company. Craig will not be paid any directors’ fees for undertaking the role of Acting Chairman. The Board welcomes Craig to the role"
 
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Currently unlisted public company.

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