RE:RE:QH tonightBuccneerIsland wrote: WisGuy1 wrote: Me:The consensus seems to be that KL made a very foolish corporate decision.
QH: "Amen"
Amen is right. No more boss. The first thing I would do is vote myself and my board of yes men a nice fat raise. Especially Leo as he works so hard:)
Buck
My concensus on the situation is that KL and NVO parting ways is a catharsis of sorts. KL and NVO have recently grown in different directions. And whatever additional growth opportunities they may want to pursue going forward will likely not be a joint effort.
Personally, I don't agree with KL's business choice but that's not my decision to make. The two companies obviously don't see eye to eye with the Pilbara, and therefore should not remain partners on this district project. There is no clean way to separate. I prefer a hard fast break over a long drawn out exit via incremental stock selling.
Is this all good news? Of course not. A breakup of a partnership that once held a mutually shared vision is unfortunate. But it happens. And it does not necessarily spell bad times ahead for either party.
To hurl drama and warnings of doom towards such a breakup is misplaced. It's more a capitulation and closure event.
Novo is alone. Has been for some time.
I do not invest in Novo solely based on its partnerships. I invest in NVO because I share in their vision. If others don't, no big deal. All should be free to seek out and join with like minded people of their choice.
Nothing to celebrate. Nothing to mourn.
Only a business to build.
Tx