Well we have found a scapegoat for the poor production performance, thankfully the 3rd Tenor is on top of things and a Herculean direct management effort has fixed the production effort.
CEO RESIGNATION
Allied Gold Limited (Allied) advises that Mr Richard Johnson has resigned as a Director and Chief Executive Officer of the Company effective immediately.
Executive Chairman Mr Mark Caruso will fulfil the Chief Executive role. Mr Caruso has remained active in the daily management of Allied Gold, therefore integrating the roles will be a seamless and timely process.
Under Mr Caruso’s direct management, Allied Gold has experienced significant production increases over the past weeks and this positive trend is expected to continue over the coming period.
A summary of the production and exploration performance is expected to be provided in the coming days with the September quarterly update scheduled for release towards the middle of October.
Well we have found a scapegoat for the poor production...
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