Post by
horsewithnoname on Jul 01, 2024 1:29pm
Same as 2022
when Nascent voted against Joane and Sean to push their policies through. Not sure what they want this time, but the text in news release seems to indicate that Nascent is pushing to accelerate the project which in my opinion means focus on PFS and drilling only of secondary importance - will see. But if I would be in charge I would do the same the incremental value of wasting money in a 2 year long uncertain drill campaign, or focus the same money to get the project as it stands faster through and in production I can not compare.
It is time to put the explorer mindset to the site and recognize that real value creation is now in executing on the project and bring it in production.
Comment by
rrr1982 on Jul 01, 2024 3:36pm
Well if you look at the New Omnibus Equity Incentive Plan, nowwhere in the text does it stop the board to offer an other 10% share to Fortescue amd now fortescue voted against every single board member that was there. Just like they did in 2022.