RE: Colin bird6 Dec 2024 14:55
Deluded as Mr Bird very obviously is - including surrounding himself with semi competent yes men and burying his head in the sands of Dubai, SA, Portugal etc; depending on the season - I believe that even he must be aware that many shareholders are livid with him.
That said he may well only be somewhat accepting of responsibility, I get.. as at various times I've heard him note that a little off on the grades he expected in Bushranger .. or the AIM markets/this sectors capitulation... or the POC is out of his control.. etc....while there might be some merit in some such thinking, I would counter that his rank amateur carried away state early in Bush drilling, his plentiful bad xtr - and other co's in his stable too I expect - exploration punts in Africa previously, the sieve like counterparty contracts he generally signs, his overly bullish view on PoC over previous years.. etc, etc.. bear witness to him being, in the round, at best, bang average at his job as Exec Chairman of Xtract Resources..
Generally, my guess is he will remain the boss here thru 2025. And all I got is that he/we are due some luck at this stage.... so here's hoping.