Comment by
Oneanddone on Dec 11, 2023 10:09am
Maybe they can attend more trade shows in exotic locations, and possibly meet someone in the parking lot or bathroom for financing.
Comment by
m73hx454 on Dec 11, 2023 10:39am
If this asset does not getting developped, the bottom is at zero.
Comment by
110158 on Dec 11, 2023 10:49am
Yes......but the insiders are always sitting on million shares....until further news. Didn't sold nothing for years.....
Comment by
Jaded84 on Dec 11, 2023 10:58am
Yes, but they haven't put any of their own money into it, just been given shares they don't deserve. They have nothing to lose. They never should've been paid a salary, just options. I'd bet they'd have accomplished a little more if they were in our positions and had skin in the game. They couldn't care less now, made obvious by their job performance.
Comment by
m73hx454 on Dec 11, 2023 11:30am
I think it's time for management to pull the trigger, accept reality, and put this thing into care & maintenance. Lay off people, save costs, stop travelling to fancy conferences around the world. Need to go into survival-mode now. Maybe shareholders then get a chance with a new management in 2026+
Comment by
110158 on Dec 11, 2023 12:10pm
nonsense....before a new management come'in your shares will worth 00000000 like Nemaska No choice to stick with the person in place.....
Comment by
Jaded84 on Dec 11, 2023 12:17pm
With current management our shares will be worth 0 too. They'll still get paid though. Great system!
Comment by
m73hx454 on Dec 11, 2023 12:30pm
The value is in the ground. The management has a negative value contribution for the overall valuation in my view. I would actually appreciate a new management. Might help the partner negotiations as well.
Comment by
110158 on Dec 11, 2023 12:44pm
Before a new management come"s in.....CRE will be bankruptcy... you will have no more share the value of those you have will be 00000....will you put new money in if new management to again think that you will have something at the end ?