RE:RE:RE:Sandeepwe heard same thing when Vitton joined the board --- he was "great at M&A, had lots of finance connections/friends to drive WRN forward, etc, etc". Not sure what that guy has done....or if this guy is similar.
One thing is for sure, i probably won't hear back from my recent email to him voicing concerns on Tues. One thing seems to be an accurate assesment, Paul must be a HORRIBLE negotiator -or- he was lead way off course by Rio not being honest -or-- he has no idea how to bring competitive tension to Rio -or- he is a horrible communicator and has no ability to drum up interest in Casino (or all the above).
I mean, STOP telling us about all the CA's that have been signed if there is 0% chance anything comes out of those. Copper down about 15% since Rio initial buy in but WRN down about 40% below Rio buy in price! What an absolute tragedy....ok --- yeah i suppose only down 30% market cap but still a horrible 3 years since Rio buy in. Tell me ONE positive since Rio initial buy in that has happened (Mitsubishi?).
Paul, Sandy
Not such a great way to start the year. Seems like WRN trading as if copper $3 a lb right now. We were trading lower than even before Rio came on board I believe. Can you please help me understand what is being done to drive share price higher? Is there any end in sight to having any other CA bear fruit? I have to be honest...I think WRN shareholders are losing confidence in management's game plan and any feedback is appreciated!
Hopefully, you agree- our share price is not at an acceptable level and shareholders are starting to bail out on the company as a result of this lack of confidence.