Post by
hipfner on Jun 26, 2021 3:12pm
DSM needs to clean house
(I looked at this project a month ago, liked the deposit, but wasn't impressed with the ore recovery nor the inevitable water issues trying to access an international river. I was looking for resolution before buying in.)
The CEO really messed up, bottom line, and he needs to be replaced. Just imagine the work that went into developing a plan, submitting to govt., and getting approval. Then the CEO decides not to follow the plan and, informed the ministry with no legal amendment? Clearly a breach of contract.
The Board can salvage this with a new CEO and submit a new plan for govt. approval.
They may have to raise cash, we haven't seen updated financials.
p.s. any slurs about bribes and stealing assets is highly out of line and nigh impossible. The govt. is still reeling with the FishRot scandal over off-shore fishing rights. And everyone is on their best behaviour.
Comment by
Yepnewpapy on Jun 28, 2021 6:27am
BLA BLABLA BLA You don't deserve a break
Comment by
FullCup on Jun 28, 2021 9:46am
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