BLR black range minerals limited

definitive agreement, page-6

  1. 13,407 Posts.
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    Well matchbox20
    (BLR has great uranium asset, some one need to make them work "HARD" for shareholders)

    This is what Shareholders want.

    Management Promises and Delivery on Time: Nothing more

    This is major issue :Between 2007 and 2010 did BLR management delivered what they promise. This is what large INSTO/Shareholder are dead serious. Once Management starts delivering on promise, INSTO are happy to pump money.

    Reason are clear. If company does not deliver what they promise, all or most CR money ends on their Salary or on their Lifestyle(Yatch Trips are not cheap). Shareholders gets nothing just to face another CR after 6 months.

    I call it FAT salary for no work or little work. Thousands of ASX listed company's management are doing that year after year after year.
 
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Currently unlisted public company.

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