We're presently paying Richard Napier $350,000 per annum to manage our interests. Under his stewardship the shareprice (during the past few months) has fallen further than any other uranium stock on the ASX. From a high of 76.5c to a low of 12.5c. He's now selling off the family jewels for 11c share.
So yes, I agree with mroberts38 and others. The poor performance is a result of poor management. Worse still - Napier is Chairman of the Board and MD. So his position is secure.
Our best hope is for a white knight to take the company out.
CTS
contact uranium limited
