APG 0.00% 0.3¢ austpac resources nl

Management AGM MT stay or go, page-9

  1. 2,256 Posts.
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    Well Kronos pulled out after giving them a bucket of cash as they saw that the project was not getting finished under current management and BHP also out with both deals and Monies recieved going to waste. So I would rather a different MD that would have used that money successfully and completed the plant which is what he is paid to do and failed to do so. So imo he is deriving money unfairly from the company as he is being paid to do a job he is incapable of doing and has proven this over the last decade, sorry longer as the plant hasn’t been completed from when the company was established and technologies developed!

    And you cannot honestly tell me that him being in charge has been a good thing because a simple look over the share price tells you the company has been run into the ground and out of options....
    Last edited by TJ1988: 15/10/18
 
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