It is clear the focus is now on Masterman's Management style and ethics.
Over the past 5 years he has gone to market 7 times with stories that have not met expectations.
Last time Masterman performed like this Anglo America, Glencore and others got ride of him. The exit ended in tears at a Perth based EGM in May 2001 (go to ASX announcements under MRE - 2001).
The only difference is Masterman owns circa 25% of the stock (mainly free or at sub 5 cents) and last time he owned just 1% of Anaconda.
The Board must understand that dilution will not affect Masterman but rather the poor suckers who topped up the tin over the past 5 years.
Either the Board needs to take control and get Masterman to do his Job or things will get ugly.
Lets hope the Leopard can change his spots
It is clear the focus is now on Masterman's Management style and...
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