Interesting that you bring up Energio as if you look at the talent on KFE board brought in you had world class board aiming to run the show.
Did you notice Ian Burston was brought in with other high calibre people to run the company by Lekkas - is it not clear he sets the boards up with industry talent and where the Company goes depends on what its offering at the time. Clearly iron ore suffered in this period and has for a long time.
Did you know Lekkas recruit Dr Ian Burston was on board of FMG, Hammersley Iron, NRW Holdings and African Iron and received Order Of Australia for his service.
To assume Lekkas is the reason why things don't pan out is quite hilarious, clearly it has nothing to do with the market and if anything he aims high to recruit veterans of the industry to take the reins.
XPE Price at posting:
4.5¢ Sentiment: None Disclosure: Held
