Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
In an AGM statement Kefi Gold & Copper (KEFI) Executive Chairman Harry Anagnostaras-Adams states early “in Ethiopia the Tulu Kapi gold project is about to enter month 4 of its 27-month development schedule… The Saudi operating entity is 13%-owned… has discovered and reported an aggregate in-situ metal value of approximately double that which is currently reported at Tulu Kapi” but later admits the company “clearly under-estimated these historical challenges and for that I take much of the responsibility”. If so, why has 'arry been awarded such huge bonuses? That, for which he does not apologise, suggests his words are meaningless.
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