Plus - including and besides us, the project is in the hands of great people
IAN MURRAY
Well he hasn’t stuck around to be one of the great people, but was there anything fishy in his lack of ‘stickiness’?
Gascoyne says NO.
At the GCY AGM the chairman said Ian did full due diligence before accepting the position of non executive Chairman from which he suddenly retired shortly after:
“Ian’s appointment came after he completed his due diligence on the Company. His decision to step down occurred some two weeks later and prior to his first Board meeting. There was no material change in the circumstances of the Company during this period.” https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD4g+4zhmZp/Rgke92GA==
Whatever his reasons for leaving, the fact he made public his decision to join Gascoyne MUST be seen as a huge plus.
MORE ABOUT IAN:
His decision to step down from Gold Road ( not announced until August 15, 2018 ) was made at the start of 2018, inspiring a long search for the right replacement .https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYC6gu/zROZp/hrke92GA==
“This transition process assisted by Derwent Executive, an international executive search firm, has been under way since the start of this year after Mr Murray informed the Gold Road Board of his wish to retire once construction of the Gruyere Gold Project was nearing completion.”..
In the above GOR announcement he was due to remain on hand assisting with the transition until the end of 2018 and was leaving to focus “on the next stage of his career .”
.......
“While we are sad that Ian will be leaving us, we respect his wishes to pursue non-executive roles and spend more time with his family, and that now is a good time to hand over the reins.”.......
...”.we wish him all the very best in his retirement from full-time executive roles.”
...
“As a significant shareholder of the Company, I am confident I am leaving Gold Road in the safe hands of the Board and these leaders under the guidance of Duncan, while I focus on the next stage of my career.”
More family less work? A better offer ?
... meanwhile did NRW take into account the skills of MARK LE MESSURIER - New Non Executive Director in deciding to support Gascoyne?
A Bit About Mark: https://www.australianmining.com.au/news/evolution-reveals-agm-results/
Last December Mark stepped. down from Evolution Mining after six years . His resignation was announced at the AGM by Chairman, Jake Klein https://evolutionmining.com.au/leadership-team/ (It is worth reading Jake’s credentials)
.. “It is therefore with mixed emotions that, as announced this morning, I advise you that after six and a half years with the company, Mark Le Messurier, our Chief Operating Officer (COO) will be leaving the business at the end of December.
Mark and I have worked together for the last eight years at both Sino Gold and Evolution and there are few people I admire and respect more in the mining industry.
During Mark’s time at Evolution he has been an exemplary leader of our Operations Group. Our portfolio of mines have an unblemished record of delivering to guidance since the inception of the Company, they have consistently produced low cost ounces and we have been successful at adding reserves to extend our mine lives. This operating performance has been instrumental in creating the platform for the growth that we have achieved as a Company over the last few years and Mark’s significant contribution to Evolution will endure...”
This is what Gascoyne anticipateds as a result from Mark’s involvement at GCY (according to the announcement regards his appointment): “Mark’s significant knowledge and operational experience will be invaluable as our Dalgaranga Gold Project ramps up to full production and we progress the development of our second + 1million ounce gold project at Glenburgh. We are absolutely delighted to have attracted people of this calibre to the Gascoyne Board.”
Most people here know how strongly NRW Holdings came back strongly from a near death experience .
This is entirely due to the calibre of the people leading the company.
It seems to me the calibre of leaders at Gascoyne is reassuringly high as well.
For glass half empty ones : @eshmun made some excellent comparisons with Blackham Resources back in July 2017 when Gascoyne was 42c ...along with predictions which came true click for eshmun July 2017 BLK comparison (thank you for sharing eshmun)
@mumbly excellent comments from early November here .
..And as jacko said, the threads at Gascoyne are well worth reading for anyone wanting to closely monitor Gascoyne activities.
Cheers
(20min delay)
