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I wonder whats happening in fortess FAR, page-75

  1. szaba_the_hut
    14,120 Posts.
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    17/04/20
    13:43
    Post #: 44101702
    To be fair they said 50% chance of not being successful, the coin landed the way it did.
    You had opportunity to sell prior to and after the hole was drilled.
    They are going to drill more in Gambia so its not all terrible news on prospectivity.

    I agree management/board are milking the company given their salary vs mkt cap performance (pre COVID19) and they need to share some pain.
    The majority of the board should be stood down for COVID and get $1500 per fortnight, a couple can handle the contractual signoffs as part-timers.

    The MD should take responsibility for their performance, their leadership and their decisions and resign forthwith if they are of good moral character, but I do not expect that will happen.


    FAR Price at posting: 1.6¢ Sentiment: Hold Disclosure: Held
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