That "oops" moment for a CEO when he goes "maybe...this wasn't a good idea"

[Alton Turner Blackwood]

So, I've been watching this company since they've listed on the JSE and then I read their first SENS release (today)

Update: Gemfields? Ethiopia Operations

Gemfields previously advised that the emerald bulk?sampling operations of Web Gemstone Mining plc (?WGM?),
an Ethiopian company in which Gemfields holds a 75% interest, were overrun by a mob (estimated at between
300 and 500 persons) on 29 June 2018.

WGM?s employees, contractors and service providers were safely evacuated on the same day, with two
members of the WGM team suffering minor injuries at the hands of the mob, both of whom have since made
full recoveries.

Gemfields has been advised that the following events occurred yesterday, on 31 July 2018:

a. The gemstone sort?house, constructed using 40?foot shipping containers, was breached (with several
of the perpetrators sustaining injuries arising from the methods deployed in breaching the structure);
b. The safe within the sort?house has been compromised and the emeralds contained in it looted;
c. The equipment and instruments in the sort house have been looted;
d. WGM's residential camp has been ransacked; and
e. The police present on the site sought to resist these developments, but were overwhelmed and have
since abandoned the site.

Gemfields has also been advised that the site has seen a significant influx of firearm?bearing illegal miners and
handlers.

One of those "EEEEIIIISH" moments you get a week after listing.

https://www.sharenet.co.za/v3/sens_display.php?tdate=20180801151100&seq=55&scode=

edit: I see now they've actually changed their name, they were listed previously!