Post by
PeterThomas on Feb 08, 2023 7:49pm
CEO Duncan
He painted 2023 so negative the embarrassed Board had no other choice but to fire him.. To achieve 2023 guidance did not require his expertise. I think they will do much better than anticpated. The key is not to tap the finances too hard along the way. They have no leadership or voice now. A new CEO will change this circumstance. Alternatively, the Board can just sell out and not go through this ordeal. Much like Newmont Newcrest situation. Newcrest was vulnerable when their CEO retired (aka was canned for poor results) in mid-December and they had no bench replacement, just a CFO type.