Share bear I was at the AGM. I am not too critical of the current board other than that they did not come clean re DFS or give any clear guidance to its release timeframe. Then to come out & release a selected portion IMO was not a good move.
IMO the current board other than Doug Stewart do not have the experience to over see the mine construction & ongoing operational management. IMO they need a MD with a proven track record in the above.
GFA is a huge headache for the board & due to the current circumstances need to be very careful in what they do & say. GFA had a rep at the AGM & as a result of this when the hard questions where asked the board IMO could not say what they really wanted to. They did come clean & on questioning confirm that they cannot drill the so called hot spots until the dispute is resolved. This IMO is why GFA needs to be sent on its way if possible. The current so called SP manipulation may have something to do with the above in regard to keeping the SP as low as possible to give the board the opportunity to negotiate a GFA exit as cheaply as possible
CQT Price at posting:
57.5¢ Sentiment: LT Buy Disclosure: Held
