A company that took on a loan from a Pref shareholder and didn't tell the market, Taurus or its shareholders. They knew full well this was not ok and did it anyways. It was this lie and breach of trust amongst other things that forced the Capital Raise. Taurus had, had enough.
This is the same company that released false production figures to make shareholders happy before the last AGM. This was an orchestrated lie. Those production figures were so off from a low-grade stockpile, it is quite simply unacceptable to blame Akara. Who is checking their numbers anyway?
The don't tell any one of the bonuses they take. They slide it into the fine print and turn the font to lowest.
It's a f*ing disgusting corporate culture, bathing in incompetence and very lucky they have a dirt-cheap work force and a great asset with gold at all time high or we would have probably had two more capital raises.
You are probably correct. In the low grade stockpile there was a pocked of 5g/t material that went thorough one week, and we got an extras 1,400 ounces.
As I said, good luck.
PS - wasn't it GIBSON asking shareholder to right to the company and let them know if we want dividends or buybacks. A irony is that they may not even buy 1 share back in the years since this fool said this. HOWEVER - the express intent worked - shareholders were debating this instead of seeing the wood for the trees and questioning a bonus or why we only making 700 a week. Now over 100m in debt and production is less than half the stated amount.
Woodfr0mTrees
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