RE:RE:Re:FTTA UpdateRod: it is too late mate. Mgmt received substantial bonus payments in 2020 despite the terrible share price performance. They were paid, their banks were paid excessive fees on both the equity raise and debt raise, Philipinos were paid, government was paid, just about everyone and their pooch but not a single shareholder was paid even though the gold price was $2K+.
It is clear this board are derelict in their duty to shareholders. I am truly falbbergasted the chair managed to get 70% of the vote. Buyer beware when looking to invest in other companies these directors are involved with. Have a look at their website to see what other companies to short.
Fool me once, fool me twice. I should have learned my lesson as a former Tahoe shareholder. Tahoe was an unmitigated disaster too and like Oceana lost their best asset. Paul Sweeny was on both boards. MacMullen and Bensen have made money for shareholders and I am guessing these two heavyweights are having a challenging time to influence this board being only 2 of 7 directors. I would very much like to know if either of them bought any shares. I don't see any insider filings to indicate they have. If not, why not???