Ann: Primero awarded EPC contract for KCGM Growth Project, page-37

Cheers Lethalba ..
I am sure many here besides me welcome your fresh take on NRW .
For the sake of argument this is a processing plant expansion/upgrade Primero has been contracted to overview, not a mine ?

I am familiar with RCR too .. but only from the position of being an avidly invested punter who was driven to refine my ‘clutch falling knives ‘ skills over and over again (against the ‘best’ and kindest commentary Re the abyss that I and my fellow
stalwarts ultimately fell into).
Frankly I don’t see the similarities … that CEO has tabs on himself in my retrospective opinion - flaunting his double PHD and the fact he had so
much time left over from running the company he had taken up carving marble statues in his spare time …
Selling most of his shares and then getting the bank to loan RCR heaps of money ?
and most importantly ditching the CFO who went on to become a star asset for NRW because ( I think) he was too scrupulous and hiring instead an old mate who was more ‘malleable’.

I only got on top of the losses I incurred at RCR and a few ‘brave’ others in the year before the one just ended and for me it was a delight that Jules was able to buy RCRMT - out of the RCR administration for just $10m or $11m?
as far as I am concerned poor management and wrong decisions wrecked RCR and what I have seen at NRW since 2016 is the opposite .

I don’t know much about Forge so can’t comment there but I would appreciate you briefly explaining the things bandied about by RCR that have been echoed by Jules.

cheers