yep even if he wasn't the man making the calls on the ground
WHERE he should have been
WTF was he doing all white collared up in an aircon office in Perth you may ask while the proverbial was hitting the fan on the ore face on a daily basis?
Whatever , the buck stops with him, he was the one calling the shots
Im damn angry that I've done 30 odd K on this POS coy (my fault I know) if you gamble you gotta be willing to wear it if it goes against you because this was my GOLD PLAY damn it!
anyway whats done is done
CD has committed career suicide on this one IMO, no-one and I mean NO-ONE in their right sober mind would give this bloke the time of day ever again with any business venture, unless they like seeing their money vaporized
will probably look back in 10 years and be grateful for the burning but take home message
RESEARCH the CREDENTIALS, QUALIFICATIONS AND EXPERIENCE and integrity of management before you punt your hard earned on their promises of RAPID SHAREHOLDER WEALTH
anyway truth be told I am glad that (insert fav word) has gone and can feel comparatively reassured in the knowledge that Simon Lee with his 44% stake will make the SMART DECISIONS whatever they may be to maintain and hopefully grow shareholder value long term
KMC Price at posting:
2.0¢ Sentiment: None Disclosure: Held