RMX 0.00% 1.0¢ red mountain mining limited

And yet it is amazing how some BOD's can push a company and its...

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  1. 2,488 Posts.
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    And yet it is amazing how some BOD's can push a company and its progress along at a rapid rate. Yet others take months to release an announcement that is for all intents and purposes simply a repeat of news from 3 months ago...

    https://www.asx.com.au/asxpdf/20180424/pdf/43tfz7qpcw7bww.pdf

    Also of note is in the previous Quarterly activities report was the mention of entering into an exclusivity arrangement regarding a base metals project in North America.

    No mention of it ever again...including today's update. So that was obviously a flop too.

    A few years back RMX also procured the services of Borg Geoscience to source new opportunities. And yet interestingly, even Brendan Borg steered clear of the DRC via his ASX:CLA play which is in Namibia.

    I'm no longer sure that our BOD really know what they are doing regarding creating meaningful value for its shareholder base. Momentum is no longer what it was 1 or 2 years ago.
    Last edited by Roostar: 11/07/18
 
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