RE: PROFITABLE4 Oct 2023 12:36
Not a happy outlook imo given the macro environment for PMs and our inept BoD. I noticed that copper prices are down 10% in the past 2 months which is hardly conjucive to securing a decent finance deal for LCCM (if we get the PEPR of course). The BoD has wasted so much money over the years on 'failed' projects (is Dr Gole still on the books lol), we've had dilution on an epic scale (remember how JP used to tell us that they were different from other AIM companies?....joke!) and in what world can the BoD possibly believe that recent 'performance' (say the last half dozen years and more) justifies the levels of remuneration (including bonus) that THEY have signed off. Awful, awful company!!