Adrian Hargrave, CEO of SEEEN, explains how the Company is now funded through to profitability. Watch the video here.
Pecten and Piker thanks for responding to the question- I also agree Harvey has demonstrated himself to be completely incompetent, he had at least 18 months to develop the mining plan for Baita. I think it is probably the bank that has pointed them to restructure and appoint competent professionals. I don't understand what role Roy Tucker plays as a board member, and in my opinion Harvey and Tucker should be removed from the board asap. Prelea is not CEO material and should find himself another role such as development director or similar title because of his romanian links and connections.
I would've thought they would've arranged an appropriate certifying bod from the locality and would do the dry commissioning and safety checks as required- if not next week then at least this month will do- not that concerned the company is making progress.
typo - therin lies the reason....
Richy- perhaps therein lies the for CM to step down, he's not been proactive enough! just guessing.
The first stage of geochemical sampling work is expected to begin next week and further details in respect of this work programme will be announced once necessary approvals have been granted and contracts have been negotiated.
so another rns expected next week.
Not the P. Johnson type for me, I like an honest, straight-talking CEO, please. We don't really know the reasons for CM leaving, wether he was pushed or he was out of his depth or even whether he's got another job close to his family- it's all speculation.
I don't see why the market is seeing CM's forthcoming departure as a negative, I think it as a positive he is basically a geologist and developed a methodology and taken the process a step further in the company's journey and perhaps the rest of board feels that for the next step of company's development, a new set of skills are required for example in negotiating JV deals etc.
I think it is an excellent rns, whilst CM is a likeable character, I am not sure he is CEO material yet to take the co. to next phase of development.
In the 7th Jan 2021 rns it was said '' details of potential corporate restricting will be provided to shareholders in due course''- can't recall any rns since then fulfilling this promise- another of AP's fibs.
Markyess- agree with your post @ 10.32. Once the company starts generating revenues and profits and even a hint of returns to investors, then the process of revaluation of the company will take place.
Just had a very quick look at the company's with phosphate- EML with market c. of £46m and KP2 with mc of £38m, KRS with mc of £8m looks very undervalued, the others are at some distance from stable markets and considerable time from production.