CMM 1.62% $6.39 capricorn metals ltd

Ann: Board Changes, page-3

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  1. 11,185 Posts.
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    I hope they are bringing more to the table than "shopping" the company and/or project around.

    Funding has been raised to build the project but all regular shareholders are left with is a game of musical chairs at the top. We have seen 5 directors shown the door since Nov last year!!!

    What I don't understand is how his project attracted $107 million of debt funding with such unstable management. I don't trust that this incoming management will give shareholders the best long term return and I don't trust them to be able to build and run the mine.

    What I know is that with all the infighting at the top the share price has languished and the company remains ripe for an opportunistic TO. These are a very disappointing series of events which are just a waste of time. Get on an start building the project while the gold price remains high. These changes just impede progress. Esh
 
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