Sierra Rutile (ASX:SRX) adversary dismisses allegations, criticises board amid takeover

Sierra Rutile's adversary dismissed the allegations and accused the miner's board of timidity towards Sierra Leone.

The ongoing takeover battle, linked to Gerald Group and CEO Craig Dean, further complicates Sierra Rutile's business narrative in West Africa.

Sierra Rutile faces a $40 million cash acquisition bid and board shake-up. The move follows a mining halt and layoffs after Sierra Leone voided their agreement.

Sierra Rutile's board also faces criticism for its detachment from Sierra Leonean affairs.