Post by
thasis on Mar 30, 2024 4:12pm
Who is in charge
https://open.spotify.com/episode/2MXUTIHGkYKCQobFvkERsn?si=225ee80020d24c73&nd=1&dlsi=f9b71a4c61854607.
Does Stephen Stewart of OCI dictate what happens with Awale ? In his interview above he states 4-5 minutes in that he promoted Andrew Chubb to CEO and President. When I check Awale's website Stephen is only listed as director and Robin Birchall is Chairman. What's the deal?
Comment by
abc123man on Apr 07, 2024 5:21pm
The CEO, Andrew is in charge but he has to report to his significant shareholders, e.g., OreCap, Newmont etc. Standard arrangement. It is common in junior resource companies to have investment firms like OreCap make recommendations like having Andrew elevated to CEO and have a director from OreCap on the company board. Its the investment firms way of de-risking their investments.
Comment by
thasis on Apr 12, 2024 3:38pm
Thanks ABC I guess it was more of a rhetorical question. I was taken aback by the way Stephen Stewart came across in the video...