Board must resign14 Jun 2022 12:09
Failures:
To maintain cost %
To maintain or increase production during a price boom.
To talk about buy back when big shareholders clearly didn't want that (s.a. gov?)
Failure to clearly advise foreign investors on how to avoid double taxation on the withholding tax.
Misled market that the railings issue was mainly down to vandalism...now they are saying loco parts are the main issue.
Only this company is affected, exxaro had not dropped to this extent.