See the future go to CIA's 4 Q 2021 report released todayChampion Iron, CIA TSX, today released it's 2021 year end and 4Q 2021financial results.
If you wish to see where our industry, iron ore mining and processing, is going it is a must read.
Unfortunately we cannot expect to receive information of a similar quantity or quality from our current board. IMHO it would be beneficial to all shareowners if an activist shareowner were to take a position and then demand a seat on the board. CIA has a board of 8 members and 6 officers two of whom are also directors, annual 2021 revenues of 1.3 billion, and capital projects underway of close over 600 million. Compare that to LIORC: 7 board members and 4 officiers all of whom are board members, annual 2020 revenus of 227.2 million and no capital expenses or special projects. The number of employes bears no comparison. We have bean counters, and M&A experts who are observing their navels while CIA has miners who are looking to the future.