RE:RE:Avanti Announces New President & CEOJPH....kindly elaborate why you think this is a good thing, Particularly that this "has been planned for a long time."
I've been crtical of Nelson and AJ. While they are allegedly successful operators in the mining space, my concern has been they dropped the ball particularly on the Korean deal that fell apart early on. In fact I wrote somewhere that they should step down. I really felt they short changed stockholders and the opportunity due to lack of "something" needed to bring this project to fruition in a timely manner. (I suggested in the past bringing the mine into production quickly while paying for a phased expansion out of cash flow). That would have at least got us up and running faster.
I admit this has been a tough environment, and I have stated in the past I can point to a project I am invested in that is text book (Alderon Iron Ore) and its stock suffers in this tough environment.
That said, please expand your reasoning on why this is good and the background of the "planning" behind it.
Thanks Jalaspen