INVESTOR INFORMATION – JULY 2024, page-23

No one is blaming the directors for Mali’s instability and successful extortion of us. Some, however, are questioning the strategic foresight, governance skills, competence, ongoing cost & composition, future motivations, and sudden sense of entitlement of a number of them in the face of a suboptimal result for investors, coupled with a request for a blank cheque to award themselves bonuses and retirement benefits.

Lest we forget, and further to what @GARETH78 says about warning them, this is a company that was setup and chaired (until the kitchen got too hot) by Cowden, who hired Hay, that shared both Hepburn and Borg as directors, and - right up until almost the present day - had the same in-country manager, Seydou Semega. Little wonder the government saw the corporate structure a little differently to the corporate veil we thought we were all hiding behind.

And sorry you’re sad but IIRC you also backed the FFX board during the 249D shareholder group’s push for some fresh eyes on their actions & activities. Using your same logic then the Junta was the sole cause of all of its woes too, and presumably everyone from Cowden to Anderson didn’t put a foot wrong there, nor did they miss the signals they were paid to spot, nor did they fail to reveal the true state of relations with the government or the funding gap, nor had their hand out upon departure, etc etc. And so they are presumably all owed a massive apology and further reparations from what little remains of the ~$250m they were handed by FFX investors? I think not.