LCY 0.00% 1.1¢ legacy iron ore limited

I was impressed with the recent appointment of Dev Ramachandran...

  1. 3,538 Posts.
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    I was impressed with the recent appointment of Dev Ramachandran - no doubt he has extensive experience in the industry, and this can only be a good thing for us. Take note that he has no affiliation with NMDC prior to this - his Linkedin credentials show BHP, RIO and VALE, and this imo is extremely pleasing.

    With Dev now on board, I foresee Thiagarajan retiring / resigning. I'm also querying on whether Turner will be re-elected. We shall see next week when the company announces the notice of AGM.

    imo there's no better change for this company than now. With the power of NMDC, its time to focus on two bearish commodities - Iron Ore and Uranium. If we can secure some near producing Fe or U assets sometime in the next 12 months, then I personally believe things will look much better in the medium - long term.

    But we need an MD similar to Dev's credentials, and we need to act on all this very soon.

    A company name change wouldn't be too bad either.

    Above all imo
 
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