Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Haggismchaggis1: you keep selling it ! as a shareholder for a longtime, my issue is the CEO can’t commercialise anything , can’t generate revenue,can’t deliver on deadlines, and more importantly can’t communicate to the investors who’s money in pockets in terms of salary and bonuses for up to now total failure, Check SP . He is arrogant, out of his depth and will never deliver any value or have a commercial benefit to AFC , his tenure has already proved that , but paid at our expense .
Fact : the longer it takes a commercially useless CEO to ruin a company ,the more he gets paid + bonuses ( who gets that ) but that’s how it works . Not failed over a short period,but over a long extended period and ! Still in a job , burger flippers don’t get that luxury, and yet they deliver something.
Oggs , revenue is not a significant element of valuation!!! Really check the SP ! , AB has failed on multiple occasions to realise delivery ,sale’s and commercialisation, And yet his and the BoD salaries and bonuses still being paid , all the avenues he has highlighted have been in terms of returns to investors a total dead end , Again check the SP , AB is useless but paid well .
The SP is a joke, and a reflection of the CEO ,he says “ it’s opens up new markets “ he hasn’t sold or generated and meaningful sales in years ,the only successful things he has done, is devalue share holders investment and run the company as his own gravy train , bonus on bonus ,for false promises and lack of credible communication to the shareholders of this company .
The BoD & CEO , are a disgrace , huge salaries , no investor interaction and a history of missed deadlines, and it is a history , they treat this company as their own gravy train , with investors just a hindrance. Total disgrace , communication none existent , but that suits theirs own interests.