Why does a rat ar*ed flea bitten dog like OLY need six directors when the five they already have just do not get it. Adding another one is just another cost to a company that burns money like no tomorrow.
Their projects either suck or are marginal (try getting up a new mineral sands project at 84c to the USD) they have destroyed the capital structure starting with their kamikaze capital raising of 2005 and have continued down this path of absolute denial and bs ever since.
When is one of the six amigos going to actually pull their heads out of the (mineral) sand and admit that they have got it wrong and decide that for once hard decisions have to be made.
They have three months to stand up and be counted. Otherwise it looks like another bloodbath AGM.
OLY Price at posting:
0.0¢ Sentiment: None Disclosure: Held
