What a complete load of *******s.7 Apr 2015 23:56
The slimy Lying crook had turned down 2 offers.
Alan Watling, outgoing CEO, stated:
"What this team has continued to achieve, building by far the largest iron ore project in West Africa in under 4 years, against overwhelming odds, has been truly remarkable. That team is now largely sitting on the side lines waiting, I hope, for the current situation to become resolved. The livelihoods of tens of thousands of decent hard working people, both Sierra Leonean and international, employees and contractors, depend greatly on the success of these projects.
I know that the Chairman and the Board of the Company have worked relentlessly, and will continue to do so, to extract the best value possible for all of the stakeholders as they seek to resolve the current situation. This is now out of my hands; our operations are in care and maintenance, our employees are safe, and I feel I have lost the respect of - and for - our partners. In these circumstances I feel I have done all I can and am left with no option other than to resign."
Executive Chairman, Frank Timis, commented:
"It has been a privilege to have been able to work with Alan once more, and especially over the last six months, and we are sorry to see him leave although we fully understand his position. We are extremely grateful for all that he has done for the Company, and we wish him well in the future."