GREY:NMKEF - Post by User
Comment by
mick1888on Jan 23, 2020 7:37pm
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Post# 30591565
RE:Jacques Mallette
RE:Jacques MalletteI am not so sure about this one Charlene? The current board including Mr Baril, Guy et al have history with the retail investor and I am sure would be doing their damndest to keep their original backers in the mix. New kids on the block are less likely to have the same loyalties and are more likely to do what is best commercially and for the benefit of the asset regardless of the small retail?
GLTA longs
Charlene wrote: Jacques was brought into the board after the major mistakes i.e. Nordic bond agreement and cost overruns. He has a great track road with restructuring and financing. Both skillsets are need for NMX. Maybe he can trim the fat and reduce the cost estimates to complete the mines. When I say 'trim the fat', its people like Guy and others that have been too complacent at the top. The CFO (Steve) probably needs to go as well. I say Jacques needs to step in as CEO as well.