George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
@Rocky, 95.62% owned in Italy, this looks reassuring on the face of it
@Wolf, I imagine this is the DW offlaod to HNW's, a bit alarming at first
I also wanted to see the companies that do hold and show that TAG still owns the 72.95%
@wolf, sounds like your company planned a strategy and my company’s abysmal performance and planning had lead to a reduction in business and ultimately job losses. Now they move to Czech Republic. Theres 100+ to go from our site.
There are also other influencing factors, brexit and import taxes which causes extra two days delays in red tape to supply chain both in and out of the country. Bad times.
@Napalm, at division level FC can pretty much bloody well do as he likes, in the short term he pleased his superior bcause his metrics looked great, alebeit at a risk to the business which has proved to be damming.
Many metrics for stock control inc $inventory and Days in inventory which he brought right down by using all stock up and not ordering more. You can see a conflict of interest here right ?
Yes we are listed on NYSE, a famous fortune 500 company.
I'm sorry but some of what you are saying is total hogwash, clearly you dont know anything about blue chip value streams.
I work for a Fortune 500 company here in blighty, we have no cash flow issues whatsoever, BUT we have just sacked our division Fiannacial controller after he has wiped out our emergency stock of raw parts so he could make his own metrics look more attarctive, now with Brexit we have no parts to make ANYTHING !
Yes it has touched a nerve because i find myself redundant albeit on a long notice period
BUT SYME can help cashflow and metrics to LARGE companied not in distress