Ann: MetalsTech Limited Changes to Board and Management, page-69

The real concern is the revolving door of directors, management and strategy. It does not matter what’s in the ground so long as Gino and Russell are steering this ship. Their self interest is clear by decisions they’re making (and fees they’re collecting) that are not and have not benefited shareholders of the company.

PWC acted on behalf of BCC when they invested the $1.8m. I’m sure with this flip flopping about there’s a couple of clever people in the background trying to figure out how to solve this mess for BCC. That’s my hope anyway.