London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Scotman
IMO - CEO is hired/elected by owners/shareholders, not by employees
(except when these are the same like for example JLP) to play by their rules on a first place,
although acceptance from side of employees as productive force is crucial as well,
that's what this softening motivation/diplomatic circus is all about.
Scotman
Contrary to that it could be that AA are buying SM as a package with CF at the helm because they are convinced it is viable - otherwise why would they consider the takeover - CF could end up not just delivering the mine project but with a seat on the AA board.
I have to say scotman I am worried about the statement he made along the lines of the "may recommend the offer subject to jobs being safe ...
That said I'm still very hopeful that there may still be other option available yet ???
Fingers crossed
ffc
"If the above is really true....... will Sirius and Cf really sell out at 5.5p."
—
Fraser’s commitment was to employees. He said so!
His days as CEO are now very limited IMO. Whether it be by the take over route or whether it’s a vote at another AGM.
I cannot see him being able to continue in his current role after this sorry debacle!
Either way, I cannot see him having any more than a month to a few months at the helm.
He will know this and will absolutely sell at 5.5p (or even less) if he can guarantee the future employment of the staff currently positioned within Resolution House.
A few months ago an in-depth article was written by the times involving Tristan and Chris.
Within this two quotes from ChrisFraser stood out.
1. The project today has a net value of 10b - 12b. On the day we start production it is over 16b. That’s the true value.
2. When replying to the journalists comments about the 85000 shareholders we is quoted saying, his responsibility does. It sit lightly.....”it’s the thing that gets me out of bed every morning and keeps me working almost 24h a day, they are all behind us because they can see how amazing the project is, and how many lives it has already impacted positively. I’m the custodian of this project and I have to deliver it, the project is too important to fail.
If the above is really true....... will Sirius and Cf really sell out at 5.5p.
Link to the article is in the below chat link
http://www.blueshare.co.uk/community/index.php?threads/sxx-sirius-minerals-share-chat.1890/page-222