RE:See the future go to CIA's 4 Q 2021 report released todayElanS2 wrote: Champion 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.
Stupid question. Why are you here?
This is a royalty trust management collects the dividend from RIO based on production and distributes it. They have no operations and as a minority partner are at the mercy of majority owner RIO for any information. If it's not material I don't want to hear about it. You get quarterly reports from RIO too, just read them and shut up. I for one just want my dividend and could care less about any other press release.