RE: This wont last long..6 Aug 2019 10:36
The RNS did not exactly give away much information but the company should have known all the rules. That said, finger pointing never gets anywhere.
There are some quite large shareholders, the founder of Petrovis LLC in Mongolia, Oyungerel Janchiv, has over 12 million, the chair person, Enkhmaa Davaanyam, has over 6m and MB over 4m. Other board members also have quite large holdings, or a large stake, for instance, Shinezaya Batbold, non-executive director whose mother is Oyungerel Janchiv.
so will be doing everything possible to get this back on track.
I agree with Bones, disappointing but not a reason to flee the scene.
There is power behind the throne here and at some point patience will run out with this provincial so-and-so who is trying to hit above his weight.