RE: Leigh Creek News20 Oct 2024 14:26
LC purchase (and complete waste of $millions!) and failure to secure the necessary finance for its development was down to Broome and Peters. One down, one to go. The CEO's remuneration is outrageous and he has to be dismissed for his utter failure over the past decade. Masses of shareholder dilution, utter destruction of the share price (remember the days of 3.7p?) and $millions wasted on Hanns Camp, Arbitration, Dr Gole etc. New Board members now in place, magnetite sales looking good, Cornwall could be anything (nothing with Peters at the helm!) and a hint of a little positivity returning about the future.....
Peters, apart from his abject track record of failure and comical ramping ('juggernaut', tsunami of cash'....) is now standing in the way of a more positive future for the company and its shareholders imo....