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FrankMe

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14/10/19

16:47

Post #: 40874561
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Originally posted by stevenrushbrook ↑

Yes, people need to wake up and see Nigel may not be the person for this job. I recently spoke to another director of a company close to Nigel and even he said of all the mistakes hes done and this isn't getting better. Yes lithium is in a shit place, working in the DRC is hard too but from what I have been told these guys look after themselves and us normal investors get stuck. Long term im still happy and im not going to sell my 2 mill shares but in any business, I have been involved in if your not performing you're out and we will get someone that will. bloody simple. Shares should only be given on performance and should be deducted if it reverts. clearly that won't happen but its how it should be. I have trust in a re-rate in lithium but no trust in this company's management it's just all smoke and mirrors. As timelines are missed it just affects the company more. if you cant hit a timeline then bloody just extend it out in the announcements since if your that shit at it, if you think something will happen in 6 months say 9 months and that way at least its under promise and over deliver and not as it is now. I'm planning a visit to Perth in late November ( or any time in November that they will be there) and I will be popping into the office for sure. Face to face is always the best as they can't hide from that.

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One Very Important thing I've learnt the 'Hard Way' - After being 'Burnt' several times in several Companies, both ( Emotionally & Financially ) over the Yrs at the ASX Casino is Management can Make or Break a Company, Not Only your SMSF / Bank Balance, but the Worst one of all, Your Hopes & Dreams of a Bigger / Brighter /Better Future for you and your Family if you place / wager more than you are prepared to Lose by Betting on Someone else who's basically in Control of the Outcome down the Track / Road to Manono/ Now or In the Future.

This is Why it is Critical to have the Right People running the Show at the Right Time, this can and often does Change over the period of time it takes to get any / most New Companies up and viable to the point of Profitability imo.

Food for thought

Just my 2 cents

GLTAH

Cheers

Frank

p.s - Anyone who's been to this "Casino" ( Lost their Shirt ) through No fault of their Own knows what i'm talking about. Where "The Wheeler & Dealer" are just a BS Artists

AVZ Price at posting: 4.3¢ Sentiment: Buy Disclosure: Held
21 Upvote

2 Great analysis

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