RSG 2.84% 68.5¢ resolute mining limited

Sorry to hear about your losses, hopefully they all come back to...

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  1. 229 Posts.
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    Sorry to hear about your losses, hopefully they all come back to you over time. When I looked at RSG I had concerns over the governance structure / executive. I didn't see a good mix and there wasn't really anyone with skin in the game, no major private holder holding people to account. With this sort of setup no one is really held accountable and it becomes a bit of a game of egos. The focus was to keep the brokers and corporate finance guys happy, not maximising profit. You can write a long list of wtf decisions focused on image not profit. Not a lot has changed except they've moved into survival mode to keep the gravy train running as long as possible. Shareholder return is nothing but a dream at the moment. I think blaming the African connection is a little misdirected, the problems with RSG reside closer to home.
 
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