Was announced when he took office that a chairman would be found. 12 months later still no sign of one and in the mean time SP is in the toilet and has been ever since Klaus.
AVZ would likely argue that AG is to blame, and AG is likely to say AVZ is to blame. Holders here like RAF and others always casting aspersions. Either way who cares! The point is here and now. What can Nigel Ferguson do right now, this very minute to push the share price up.
1. One would be hit some targets. If you say you are going to do something by such and such a date, then damn well do it.
2. Don't release sheet announcements when the SP is up and expect it to stay there! Lobbing a 4.5m Free option package to a director who has just started (Plus several others already) when no Chairman in sight. Simples!!!
3. Need to stop talking about Huayou when you burnt off 186 million shares several months ago and then make out like best friends with a non binding agreement. IMO this just looks laughable... Scarpa you were correct in your assessment in that regard.
Let's get some positive progress happening and hit some targets. No one is interested in hearing excuses! Where are the pumps to pump out the pits? 6 weeks of dry season has already passed and we still have not heard anything in that regard. Dry season lasts for approx 4 months so step on the gas! Met tests were originally anticipated in Q1. Now almost Q3.
Investors are an impatient lot but most would say many have been patient. Timeframes need to be adhered to a lot better than what we see right now.
AVZ Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held
(20min delay)