A Glowing example18 Feb 2020 10:48
Of how to run a potentially good company, into the ground. Mind you, Kiran Caldas Morzaria, is doing ok. was director of 22 companies, now only director of 12. 3 dissolved, 7 resigned, currently director of the following.
. - European metals -30% in last 3 months
.- Tobin bronze - (Dormant) formerly Navy star investement
.- REM Mexico
.- Rare earth resources
.- Cadence (we all Know how far that has dropped under his astute stewardship)
.- Built intelligence (3 people in the company)
.- Academy minerals (he is the only one in the company)
UKOG X 5 variants, as follows
1. UKOG(137/246)Holdings -09010542 - (formerly Magellan petroleum UK)
2. UKOG(137/246) LTD - 06807023 - (formerly Magellan petroleum uk)
3. UK Oil and Gas investments - 11252712 (formerly UK oil and gas ltd)
4. UKOG GB LTD - 04050277 - (formerly northern petroleum ltd)
5. UK Oil and Gas PLC - 05299925 (previously under 3 different names in 16 years)
MY point is... How much time does he need to spend, or care does he need to exhibit, or even, how much ''skin in the game'' will he have, when he is receiving salaries, or bonuses, for being the director of 12 other companies.
Donald Ian George Layman Strang
Rare earth resources
Tobin Bronze
Cadence
also,
Dorimous and Gunsynd
and we can ALL SEE how well these companies are doing
So, companies run by these people, seem to be, on the FACE OF IT....Companies to avoid.
just my opinion