George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Why are people focusing on the term week vs weeks and ignoring the word before it expects. Clearly the reality didn't meet up with expectations. Move on from this point please. I do think they should release some RNS saying they are still interviewing candidates and won't be rushed into a decision ideally as a footnote on a RNS for resource update or mining permit
Max this is not a good answer because we should have hired a CEO who understood production then and forgo the 2 previous hires because honestly I think a ceo who knows production and file some simple paperwork for permits of knac etc. I do not accept this concept that you get a ceo in to do one small job ( mostly paperwork) then their job is done and they are kicked out. Thats dysfunctional way to run a company and has caused concern to me. Hire a ceo who can do it all and wants to see us produce. End of .
That's true rio put a spanner in the works and slowed everyone's paperwork down for probably a year I also think fenix had a lot of boxes ticked before covid did they not ? Have to factor that in also if we being honest
Yeah I mean was it a typo , perhaps should they have said in due course yes. People would still be moaning it wasn't sorted yet though regardless of the wording. Am here for the assets in the ground do I wish we had better management of course I do I think even with average management they can get this into production yes ( because of contractors ) . God it would be great to have a shaun Day or similar.
I think everyone needs to take a rest/beat. Is it great that someone isn't lined up yet no. But also I don't want them to rush into a hire from pressure to do it fast or PI board pressure. Make the right decision for next couple of years and you won't remember if announcement was start of January or February longterm.
I'd like to ideally find some person from BHP or Rio who knows the iron ore business inside and out . Experienced enough but not too experienced that feel they are to big for a junior and want to jump ship after a year or two
On the bright side it can all change quickly here. The hire of some Australian iron ore experienced ceo followed by permits and offtake agreement could all happen and in quick order . The waiting causes peoples fears and doubts to creep in. I do agree dip that so far over last few years we have slipped from a sure thing to on the AIM fence. All about management.
I dont understand people arguing against the mega trend the population of the world is only going in one direction and everything needs steel. There is also very few countries which supply the world with DSO so its not easy to just start ramping up from other countries quickly outside Brazil/OZ. There will be countr-trend swings but I only see it going up from here.
Explain how troy has been a team player max ? Either he's being forced out or he's leaving at a very important pivotal point . Both are not team behaviour . I think it's being forced out . Career wise why wouldnt you stay on and add brining mine into production to cv
Huldii , I agree. Although I appreciate max posts and links his 100% positive outlook 24/7, I think it actually scares away potential PI reading here. But you shouldn't invest based on comments on a board anyway and DYOR. Still, a more balanced outlook would be better. Its ok to be positive long-term and mad about the current situation and progress.