X64 ten sixty four limited

re E15 shaft completion

  1. 174 Posts.
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    As last advised, either the E15 lower shaft steelwork was delivered from the fabricator by today (last day of July) or it wasn't.

    If it was, Medusa should put out a statement confirming completion of E15 shaft as last reported by the end of September but which AT failed to do in the recent quarterly.

    If it wasn't delivered, it is incumbent on Medusa to put out a statement immediately with a full accounting for the delay and a new target date for completion of the E15 shaft.

    This is no small matter because this project has already been dragging on for 4 years and with no costing ever declared.

    Medusa has recently lost it's CEO for reasons that are suspect and with no qualified leadership to follow. In addition there have been two recent appointments announced that make no sense as the situation stands:
    That of failed former CEO of the company, PHB, who destroyed the good name and all credibility in this company being re-employed as a non-exec
    and a new public relations position appointment that was never needed till now. So why now exactly?
    But critically no competent and trustworthy chief executive. AT was not, is not and never will be qualified to act in the CEO position.
 
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