the official: august or bust thread, page-26

I think its alarming that NC is on the BODs of Lynas and serves as the CEO. One of the BODs main duties is evaluating the job performance of the CEO. I wish we had a board that was not a puppet of NCs but was asking tough questions on behalf of the shareholders. Why is the market betting against Lynas if the TOL is imminate? If it was so imminate then why is Lynas one of the most shorted stocks on the ASX? The market does not believe what NC is saying.

Was the potential sale of Crown to Forge ethical on any level? If someone would basically give an asset like Crown away to line their pockets (because that's what NC tried to do!) then do you think they would be capable of deceiving shareholders about TOL? This has become a charade and Lynas needs better corporate governance to protect the shareholders. Someone needs to be asking the tough question to NC on behalf of the shareholders and holding him accountable.

Note: I'm a Lynas shareholder so don't try to give that basher non sense. These are legitimate questions and concerns about NC being on the BODs. It's not good corporate governance to have our CEO on the BODs because they must evaluate the job performance of the CEO.