RE: RNS Placing14 Dec 2023 07:46
AB man of his word!?
19th October 2023…..
Red Rock Chairman Andrew Bell comments: "We are pleased by the support offered by investors and shareholders for this novel instrument. With the expectation of near term positive developments including an IPO for an investment, production, and a compensation award, we did not want to dilute supportive shareholders by issuing a discounted equity or debt instrument that might be traded out into the market, and this instrument in our judgment fairly balances the competing interests, and of course incentivises us to develop positive news for the Company."
Still waiting Mr Bell!!
But that’s your MO out isn’t it, disingenuous info to cover your back with nuanced language to wriggle out of criticism claiming certain outcomes are out of your control.
And that’s the point as CEO you are out of control and should be removed asap.
Shareholders should demand documentary evidence of this farce in DRC as it’s a convenient curtain for the CEO to hide behind.
Why oh why did I invest £5,000 in this company!!??