LCY 10.0% 1.1¢ legacy iron ore limited

Ann: Resignation of Managing Director, page-8

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  1. 3,538 Posts.
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    Kkylp , u took the words right from my mouth

    Fresh start is the key imo. Ideally we should say goodbye to Turner, Nanda, Thiagarajan and Bose. They have done nothing for us.

    Would love to know who the new MD will be. Hopefully he or she will have ample experience working for a large mining corp and can steer us in the right direction. Oh, and he or she should be paid on a salary nowhere near as high as Sharon's.

    If huge panic selling happens once trading restarts and stop losses get hit, I'm seriously contemplating picking up some more for the long term. Iron ore prices won't stay like this forever. The time is near for the future MD to try and pick up some near producing iron ore assets at rock bottom prices and hang on for dear life until Fe Prices rise. This strategy, I heard from the guy at the bus stop the other day, is called growth. And that, my colleagues, may well lead to increasing shareholder wealth.

    Things are looking better already Imo. My chest isn't as heavy and i can finally leave the house now.
 
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1.1¢ 1059536 2
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