So the q is, if Gary is the architect of the transition of PNA from Phu Kham to a Frieda River future, why is he being rewarded with this shabby treatment? Why, even, isn't he still in place today? Is he the scapegoat for the company not attracting a higher bidder than the GRAM offer, and the GRAM offer itself seemingly faltering? I have to admit, I don't like the company only making the news to gloat over our boardroom sads; it certainly hasn't helped our share price, although you could argue that we have only dropped back to a PE that is in line with the 2012/13 profit (could drop even more on that basis). But I would rather keep committed people like Gary Stafford in the company, overseeing our solid future. Now that this is moving into the courts, we can look forward to a streak of salacious courtroom publicity, and not much good will come of it.
PNA Price at posting:
$1.43 Sentiment: Buy Disclosure: Held
