RE: INVESTMENT BANK15 Sep 2024 09:53
Nigel, following the money doesn't mean I'm part of the club but it does actually make sense. Those with money do not like parting with it through bad investments and some of the big holders here know more than you or I do when it comes down to Borders. My holding here is substantial and absolutely excessive in comparison to the average pi investment here, I have been here for a while and did not agree with Obee , his mistakes such as a full scale development plan of Darwin when oil was at a historical low for example and his numerous other errors, lack of forward thinking hurt the company. Obee eroded all of our financial reserves and I am glad he was asked to leave the company and do something else in life, a great Geo but lousy CEO. Now Harry is here, a money man with a full understanding on how the markets work- he was the same person who raised the cash to find Darwin all those years ago and I am very confident he will be the one to unlock Darwin. I am here for Darwin and nothing else, upside is tremendous against the downside right now and for me- it's a bit of a no brainer.
So when it comes to " strategy", there is none really -just investment. Strategy thinking begins when our partner comes on board and not before.