What is going on at ECR7 Feb 2023 13:29
I had lazily posted earlier asking if AH was on the Board, but I've now gone and checked. He is not. I wonder why?
- RNS 11th April 2022
Appointment of CEO
ECR Minerals plc (LON: ECR), the gold exploration and development company focused on Australia, is pleased to announce the appointment of Andrew Haythorpe as CEO of the Company. Andrew will join ECR as a non-board CEO prior to assuming the role of executive director, subject to approval, in six months’ time.
We are now, most definitely past 6 months.
- RNS 25th April 2022
ECR Minerals plc (LON: ECR), the gold exploration and development company focused on Australia, is pleased to announce that Non-Executive Director Adam Jones will become an Executive Director with immediate effect. Adam’s new role will be Technical Director of Exploration across ECR’s portfolio of projects.
Sneakily in the Headline of the RNS - Appointment of Adam Jones as Technical Director, Exploration.
Checking on Companies House - He is not listed as a Director there either.
- RNS 7th February 2023
ECR CEO Andrew Haythorpe commented: “I am delighted to see these results from rock chip sampling. Along with the retest of the 2021 Creswick drill core (see RNS dated October 19 2022 here) and the parallel gold system identified at Davey Road and South Davey workings (see RNS dated December 22 2022 here), this work continues to support the Directors’ belief that Creswick could host an extended gold system. The Company’s field team has remained on the ground at the property to continue further sampling”
The Board remain excited by the potential opportunities for discovery across ECR’s asset portfolio, and are eager to push on and undertake further work at the earliest possible opportunity. I look forward to reporting back to you with further updates.”
Keywords from todays statement - support the Directors belief / The Board remain excited. HE IS NEITHER A DIRECTOR NOR ON THE BOARD.
I am wondering why, what is his employment status, is he just a day rate contractor? Why is he not now the Executive Director, he has been with the company 10+ months now? Why does he not believe in Creswick.
This company does seem to be a complete shamble. Smoke and mirrors all the way. Maybe a few questions that can be addressed in the upcoming 'video'.