A potential cost cutting measure (cont'd) To add insult to injury, Cleave has no skin in the game. The guy refuses to risk / put his own money on the line just like us outsiders. Not at all a show of good faith in the company that pays him millions in annual compensation or is it? And in the eyes of investors, not at all a vote of confidence in the future of Largo or is it?
Perhaps, as a top executive, he knows something about the limitations of the management team that investors don’t.
Largo is indeed a company with good positive fundamentals and a lousy no-skin-in-the-game management team that can not deliver. Unless drastic measures / changes are made asap, it is very hard for this management team to earn the trust from investors. And without our trust the sp will stay down in the dumps. A heaven for short sellers.