The BOD should be acting in the interests of their SH.
Winding down the construction management is all good for Ganfeng, the Mali Govt & the BOD members individually as they are still retaining a salary, that is not bringing in any value for LLL shareholders, especially as we still have no clarity on the timing of the Tranche 2 payment and misc. tax ruling.
If they merged/acquired, Simon et al could retain their jobs, recalibrate the pendulum and show they could 'make LLL good again'
What's Rick doing in the meantime whilst Simon's dealing with Ganfeng?
General Discussion, page-10880
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