Tuesday, 27 November, 2018 - 15:38
RCR collapse a classic case of overextension
The downfall of RCR Tomlinson is another reminder of the dangers of a business getting out over its skis.
John McConnell is a Canadian mining engineer with a wealth of experience in developing and operating base metal and precious mineral mining operations in the Arctic. Mr McConnell has over 30 years of mining experience including exploration, engineering, environmental assessment and permitting, construction and operations. Recently, Mr McConnell was President and CEO of Western Keltic Mines until it was acquired by Sherwood Copper. Prior to that Mr McConnell was the Vice President of Northwest Territories Projects for De Beers Canada. Mr McConnell is currently President, CEO and Director of Victoria Gold Corp.
The downfall of RCR Tomlinson is another reminder of the dangers of a business getting out over its skis.
SPECIAL REPORT: There has been a notable reduction in the number of high-earning executives in WA, though some individuals do well year after year, research by Business News has found.
Position | Company | Year | Company's current rank |
---|---|---|---|
Non-Executive Director
|
2009 - 2014 | 483 | |
Non-Executive Director
|
2005 - 2013 |
Company | Date | Transaction type | Number of shares | Price per share | Transaction value | Nature of change |
---|---|---|---|---|---|---|
2012-04-19 | Bought | 2,564 | $0.79 | $2,026 | Other | |
2011-10-05 | Bought | 5,957 | $0.88 | $5,242 | Other | |
2011-04-15 | Bought | 1,906 | $0.98 | $1,868 | Other | |
2010-10-29 | Bought | 80,000 | $0.25 | $20,000 | On-market trade | |
2010-10-07 | Bought | 3,409 | $1.32 | $4,500 | Other |