Prem15 Oct 2024 20:50
WHY I BELIEVE.
Please, guys, don't come with all the "supporting George" crap, I want the CEO out of his post.
I suggested that George issue notice that he will not seek re-election to his post as CEO at the AGM, rather that Premier offers George the position of company Chairman.
The reason I believe he will succeed in finding a J V or investor is because he has to, George has led the company down a cul-de-sac and now there is no return.IMO this GM is pretty much judgment day.
Without any 3rd party intervention, the company is well and truly stuffed so I only have one option and that is to pray each night that the necessary white knight appears at Zulu's front door.
On this occasion, I do believe in the rhetoric, and I am prepared to support the company.
Should there be no JV or no investment then I cannot see any viable future, the company is millions in debt and stands no chance of servicing debts.
Having said that should there be a change in management and a £10/15 million injection then yes the company could prosper.
I believe the 3rd party funding will arrive.
Acker