CGT 0.00% 21.0¢ castlemaine goldfields limited

new job for gill, page-2

  1. 36 Posts.
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    You should try working for him as I once did.. all controller, no leader..and uses the law craftingly.

    We will never know what 'arrangements' were put in place concerning LionGold and Mr Gill or others in the CGT management. Nor how good the Ballarat operation could have been without the financial panic of 2011. No value was given the positive news out of the mine once the deal was announced, and the Board had a big 'get-out-of-jail' card with LionGold so willing to pick up the under valued company.

    Note that it is a fact that the LionGold interest in CGT happened before the Performance Rights Plan was announced. We'll never know what the real intentions of that plan were/should have been.

    All quite sad really given the realistic expectations for the company upon buying Ballarat and good work done prior to that point.
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