This boat is headed straight for the Bahamas with LD smiling.
This has been paced out to suit one person. This will go until the company has to pay retirement entitlements which will be in the next few years I reckon.
Most likely find "a project" have capitol raise, man retires as full entitlements can be paid as there will be enough for "working capital" going forward (he he).
This is the perfect ploy.
The other argument is that JRL is waiting AYL to go nuts and. cash in allowing a certain person to step down in favour of another.
All in my opinion
Either way, these guys are showing no intention of doing anything which is the biggest indicator.
JRL Price at posting:
22.0¢ Sentiment: None Disclosure: Not Held