CopperKen,
Reasons for seconding your PR guestimate:
- Charles clearly stated in his "note" to us that he'll try his best to be back in touch within 10 days to update the LTF situation, which clearly means that is not it.
- LT buyer is "interim", that was clear, so that's not it. (I do need to eat crow here, I mentioned in a post last week I thought this deal had been done for months. I still think it is, but since Charles said "interim" I have to step back a hair from my last post).
- Mill can't operate w/o captial and we don't have LTF, so it's still down.
- Only thing left is a change in management. Charles and several others have either directly said or posted here that a change is coming. This is as rumored as anything else, so we'll see, but what else can it be? MD stays on as Chief Mining Officer???? They can't buy him out of his dream, can they?
As for your QUESTION TO ALL:
I am not sure who would be the most effective. It sounds like David McMullin would be the logical fit, but he is also supposed to be a "Senior-level executive with extensive finance and administration experience" (straight off the website). If he has been there every step of the way, he was fully aware of the accounting and financial spending issues MD has/had? He's on the BOD and heads two committee's, you think he could of put an end to these financial issues long before this result. But, if he's the right guy, then he's the right guy. But, we simply need a competent CEO who can get in there and secure LTF, lead a well oiled machine, and quit making mining decisions in lieu of business decisions!!!
