RE: Mcap19 Jun 2023 12:37
''Craig Brown, CEO of ECR, commented: “David Tang introduced ECR to Shenyang Xinliaoan Machinery Co Ltd, who recently became a strategic shareholder in the Company, and this is indicative of his wide range of high-level connections in the mining industry.''
So he brought the Chinese investors in.. What since? honestly, all I've seen is a few RNS sign offs.
This all needs serious questioning. I've been defensive when others have been critical in the past, but there has been no apparent attempt to 'step up to the plate' since times got tough, therefore reputation and sentiment is where it is.
I feel an EGM is inevitable at this rate, particularly if the 'whale' holders are fed up!
I honestly believe a trimmed BOD would cause a share rally.
The BOD have an opportunity to turn this around and save face but it's clear what investors are all thinking.