Post by
Lotten on Oct 09, 2024 4:21am
Takeover
As Baserunner and Jim, I have the most faith in a takeover.
There is a high probability that all activity that has been done recently has been done with the aim of facilitating a takeover. And that all activity in the near future will imply the same. Fortune has little, or no chance of developing the Nico project itself. Bigger muscles are needed here. Much bigger muscles. Regardless of government money or not.
Mr. Goad will have to do the work that is necessary even if the cost to current shareholders will sting. Then he's done.Why should he care now when he has failed to create lasting shareholder value since 1988? I've written about it in previous posts, and won't bore you with repeating myself. The story could have been different if the management had been replaced some years ago, but we will never know.
My opinion, and thanks for reading. My last post on this board.
Good luck to everyone regardless of your opinion.