RE: 1m26 Oct 2024 09:21
Hi Mitch. Re your comment...."I do not see any positives as some have said in granting months ago the shares to Marty that vest on November 1st. When they granted those shares. Zioc would have had no idea whether he would actually be any good at what he was employed to do . The shares were purely an incentive for him to have a positive effect. If he has proved to be useless - and his careless tongue earlier this year did not show him in a good light at all - then I can't see how anyone can say that granting him the shares must therefore be a certainty he is doing a good job. He clearly is not, but then then can be applied to the company as a whole." I totally respect your thoughts and comments; like yourself and everyone else on here, I also am really frustrated at the length of time this is taking to get done. But you believe that MK is "clearly not doing or done a good job" At this moment in time, none of us can know whether this is true or not. Also, I am in the camp that the board know exactly what they are doing in granting MK all those shares, and exactly how much they will very soon be worth. As detailed fully on here several months ago, there is so much DD required by ALL parties to get whatever they are doing here across the line. It could be that just one agreement or one signature is still required to complete the deal after that final box has been ticked. For example, there has been a one month extension granted for the agreement between Aramco and Baosteel being signed off(reported to be completed by the end of this month), or maybe the final sign off between AD Ports and the Pointe Noire new Mole Port. Either of these would be a feasible cause for the delay. If so, that would be nothing to do with MK. Only time will tell. What we do know is that the "cash in hand 80k" has almost run out, but the board are not concerned. I honestly believe that news is not too far away now. AIMHO, DYOR, GLAH, and as usual....alwayshoping
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