RE: Stock box22 Mar 2022 10:27
As a holder here since 2019. DP has always come across as a charismatic, if somewhat verbose leader, as in that video.
But the fact is that in his relatively short tenure he's taken almost 6 Million in placings and warrents, at what exact share holder value to date?
The SP performance, despite multiple pumping teams from Plateau and then Copperxxx supports has been abysmal.
It used to really baseline at 0.8p, spike and get sold off usually to about 1.3-1.5p area... A couple of times up to 2p. When highly pumped, and then plummet with no liquidity to exit even a modest position...
Recently of course, and despite the Am Geos telling us 3p and directly (circa Q3 2021.... ). It's gone to new lows at a dire 0.4p baseline.
In the businesses I have been involved with, where performance related pay was / is order of the day...
Am afraid DP, charming as he is, has delivered for no one but his small director team.....and would be out on his ear frankly...
That needs to change David. Concentrate on one of the assets here and prove it up and sell it please. This darting around just further shows a trend, that someone else pointed out here.... Namely drill a few explorerers in an old drilled assets. Find a bit of again..."potential", then refocus on similar elsewhere....and repeat....
We have seen this certainly in my time here. What we lack is any saleable followup. That's not just an opinion. The SP fully tells that story too...
Some of us remain a long way underwater, and would politely request a bit of share holder value Dave. Going into a forth year personally in this one, I think that's not an unreasonable ask of the leadership here....
Sorry, but I hold various shares on AIM in far greater volume, and all have issues fair play. But with most all the others I can see a good endgame. But this one is just a constant frustration from an investment viewpoint.
Apologies for putting this out there. But it needed saying frankly!