CCE 2.50% 3.9¢ carnegie clean energy limited

Finding Nemos, page-67

  1. 2,106 Posts.
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    All right I’ll bite! Your football analogy is one of the most ignorant and condescending statements I have seen on hotcopper.
    In football terms MO would have been sacked long ago. My tip as part of the board “renewal” he will resign soon. He has already resigned from his directorship at NUH and I suspect the pressure is on to leave cce. Why because he hasn’t been transparent with information that he can be transparent with! We don’t need to know the engineering behind ceto but we should be given forecasts that are accurate as to the financial performance of the business. And mo blantly mislead investors at the recent cash raise when he sold the merits of EMC only to sell it. I was there and heard exactly what he said.
    Your opinion on MO salary makes no sense!
    Again you misrepresent what is being said about the emc deal. If MO needs to get rid of it don’t spruiked it as being the saviour of the company! aND take responsibility for a part of the business becoming worth a third of what it was. Business is meant to be cut throat but he just avoids any scrutiny. IMO a deal has been done for him to move on. The way forward is in the financials. They need revenue and fast. Show us that, show us how they will grow a business! We were sold that emc would bridge the gap between the present revenues and ceto coming online. That is gone so where is the money. To put our heads in the sand and even look at technology is irrelevant if the business can’t survive. This isn’t a year or two worth of revenue but now 3-5 years!
    So the faith has to be put in the leadership to develop a business plan that will do that. As Dr Phil says “the best predictor of future behaviour is past behaviour” EMC debacle shows he is incapable of developing the business and after 11 years well let’s go back to your footy analogy. No coach gets that long.
 
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