A CEO is essentially employed by the SHs and is accountable as such.
A CEO is the driving force behind a company and it is his job to tell a story to the SHs and take them on that journey.
That story should facilitate an increase in the SP for CRs, should allow his marketers to facilitate MOUs, off-takes, finance, potential JVs, etc. [Share price has tanked since around 57c due to loss of momentum and poor marketing]
Our CEO wants to sell out and is on holidays.
Our CEO has failed us.
The topic is done to death.
My solutions when the deal falls over.
Hire a CEO who can take this to mine with a clear story.
KJ to become the exploration manager.
SP increases with great news.
The new CEO to patch up relations with the MOU partners.
The board to be strengthened with more experienced personnel.
MM to be handling China with the support of management. [MOU announced 22 Dec, asset sale announced 28th Dec: embarrassing to say the least: MM have increased SP multiples when announced for GPP and RMS. Never mentioned by BGS!]
BGS to expand resource.
SS, DFS, etc.
MM to cut deals.
BGS to build a mine.
BGS to build a chemical plant to solve transportation issues.
Sell direct to battery companies.
BGS will be a $1.50 to $2/share all day long.
Everyones a hero, everyone makes money.
BGS Price at posting:
36.8¢ Sentiment: Buy Disclosure: Held
