We essentially have a very well remunerated CEO, with a specialised skill set that part reads:-
"Chartered Accountant, and former partner in an international accounting firm, Considerable experience in the resources industry"
performing administrative tasks, in trying to get environmental permits through government departments. I realise these approvals are required so that we can sink drill bits and frac fluids into the ground, but has the whole process been handled in the best way for shareholders? I doubt that, and I don't appear to be alone.
I would still like comment from tui about his 40 minute chat with Pete, and his over confidence on the xanadu prospect.
NWE Price at posting:
0.5¢ Sentiment: None Disclosure: Held