RE: Nice25 Jan 2025 10:56
If you read through the various threads over on the DGR hot copper forum you will get a good understanding, a taste, of how things are going over there… how the business has unfolded over the last few years.
The level of poison and venom that investors post for Mather over there, is far beyond anything here for Scott and the rest of management of Solg.
You will read a lot about the details of the ‘loan’ deal Mather made to fund DGR recently… the absolutely eye watering interest he will get from DGR for it.. it was a great deal for him personally…. Very nice earner.
You will read about how much money Mather and Moller have paid themselves through DGR over the last 5 years whilst delivering absolutely nothing… and the various business deals DGR have done, that have been disastrous for shareholders.
You will read that one of the other Mather companies, have issued a vote of no confidence to have him removed.
It’s a standard story I guess of CEOs doing very well out of Junior miners, whilst shareholders take all the pain. But some of the details of the DGR carnage will leave you shaking your head… Maybe even make you wish you had never heard of Mather or any of his businesses.