With all due respect, what do you seriously think would have...

With all due respect, what do you seriously think would have happened if the incumbent directors resigned along with Timoney's fella on the board? What would have stopped him doing this again and getting himself and his fellas back on the board via an EGM/AGM?

Yea the directors of RCR were also confident that things we back on track.... go figure. You don't seem to know very much about how lenders operate by the seems of it, I can tell you this is very close if not over the edge already. If they hadn't done very good due diligence on the company and Timoney prior to lending the money they sure have now and that doesn't look great now does it?

So thinly capitalised and cap raise coming to 'repair' the balance sheet and lest we forget RCR...