GWR 2.33% 8.8¢ gwr group limited

rose to finish end of march, page-11

  1. 146 Posts.
    Maybe Rose realised that these guys know absolute sweet f.a. about developing a mine to production and that their only interest is seeing how many shares and directors fees they could extract.

    Idea: lets appoint a consultant to tell us what to do. That will keep the shareholders at bay because we can tell them that nothing can proceed until the review is done and presented to the board before the end of June (nearly 4 months to do the review). In the mean time we will continue to pull down full salaries for doing nothing.

    At the rate at which the current economic environment changes you cannot take 4 months for a review. One can only imagine how much this review will cost in consulting fees. How does that fit in with the "preserving cash" philosophy?

 
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