RE:RE:RE:RE:RE:InflationMy curiosity is why they speak with him when there are many other qualified individuals (mining in general, not necessarily tungsten) out there. Almonty is a very small company in terms of miners, it just seems odd to me that he gets picked rather than CEO's of better known miners or miners with operations in the USA for comments on the federal reserve. Good for his profile, and thus likely Almonty too, I just don't understand it.
--blueskies
- You are asking very good questions Blueskies.......... Why does LB speak out on topics where there are equally as good or better qualified people to speak on the various topics that LB talks about? Who is he to speak on these topics????? EXACTLY !!!!!
- Blueskies, you thought this far. Put yourself in his shoes and ask yourself why would you do what he is doing?
- My explanaition... First of all LB is a multifaceted thinker which mean he doesn't just try do one thing with the objective of just one result. It is like a jig-saw puzzle piece with multiple sides that must fit perfectly i.e. many inputs being applied to obtain multiple options or objectives.
- Back to my rational......... why does one speak out in public on any topic when there are others? It takes a lot of strength to speak out on a topic and there is a lot of rumination and reevaluation on what you say, for when you make public statements then you have to face public scrutiny. For this reason, many do not speak out because they don't want to show their lack of knowledge or they are incapable of handling scrutiny.
- So why does LB do it? Well other than he may enjoy doing it is he is working on establishing his reputation i.e. his brand.
- Generally speaking CEO's of startup companies for the most part are replaced as soon as a company become mid-sized, because a startup CEO has no skill or knowledge of the next level up. There are some exeptions to this rule where the CEO has the skill and the vision such as in tech companies to drive future growth i.e. Microsoft and Apple to name two. LB may know tungsten mining but the true knowledge and skills lie with the workers and the engineers/geologists who work in the trenches. So LB doesn't have any special knowledge or skill that would differentiate him from other senior executives. But LB making public statements is establishing his brand and value to indicate that he is more than capable to maintain Almonty's growth.
- Another thing to point out. At every plateau of growth Almonty achieves, LB will face a review by the BOD as well as potential institutional investors who may request a more seasoned CEO to be at the helm and LB may be asked to step down. So it is in LB's best interest to establish his brand and reputation now. The BOD and institutional investors need to have confidence in the CEO that he can take the company to the next level. I don't think LB has every managed a company of the size that Almonty will become.
- But all this is my 2cents......and perhaps I am over thinking it.
- On a related note, if you think someone will come along and offer LB a better job opportunity...............Not likely to happen. No one will hire someone to run a large organization without the experiece to back it up. And even if he did get an offer, I doubt he will have 100% full autonomous control and final decision making in everything....so that is a wee bit discouraging. But to have full control over something you have created from the ground up, now that is something.
- ....and that is the way I see it.