Hmmm! I was about to invest quite a bit of money in this...

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WeronaEK

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17/01/22

11:18

Post #: 58912754
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Originally posted by Bill Gates: ↑

In all fairness to everybody concerned, this should have all been done far earlier or as the very first shovel broke the topsoil and not after untold millions of dollars have been spent or wasted in the area. It also should have been taken up with the Algerian government through proper channels then, not the company in the first instance.

It has been widely publicised both locally and globally for many many years now, so ignorance is no excuse for coming so late to the party. As such, the motives behind this letter (if genuine) do not appear to be altruistic but purely opportunistic and for financial gain, otherwise I'm sure that it would have been done a long long time ago.

As a shareholder I'd be more than happy if every cent ever spent, plus interest and compensation was paid to the company and they walked away from Algeria, perhaps not richer, but certainly a little wiser.

Furthermore I feel that this is a discussion to have with the Algerian government, not the company and certainly not with posters here in the Hotcopper forum. For that reason I hope that this thread will be closed down and that any further discussion would be through proper channels in Algeria.

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Hmmm! I was about to invest quite a bit of money in this company until I found this letter. I am also a believer in TRANSPARANCY. Let the company explain its position. If you had your way, Bill Gates, I would be left in the dark with a potential loss in the near future.

It is issues like this that should be discussed in a forum like Hotcopper to make shareholders (like you) aware.

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