Goodbye, WW. HB, goodbye.

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londoner.jim

578 Posts.

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17/02/17

19:08

Post #: 22710587
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Originally posted by apom ↑

I,m only a relatively small and recent shareholder.However, the apparent lack of communication by the BOD over the last couple of months, coupled with what appears to be a self serving and devious plan to grant themselves performance options for doing very little gives me extremely bad vibes about the BOD.
Couple this with the long silence after the 249D notice, the strategic release of results the day before the response to the 249D notice,the information within the response where they are "recruiting and planning for mine development",which they obviously couldn't be bothered to announce before the 249d notice was received, all just appears to me to be a demonstration of total contempt for shareholders- ie the people who pay their wages.
Having done a little bit of research on WW and HB who appear to be directors and compatriots of several ASX companies in the same building, together with several shared PA,s and similar, this all just looks to me like these people are just in the game to milk shareholders funds for whatever they can get.I am astounded that instead of retiring gracefully and allowing the company to get on with what it needs to with new blood in place, they have decided to they have decided to try and hang on to their positions and ill gotten gains.
In the response it talks about the relationships in Mali- I wonder how many critical relationships exist between WW ,HB and the people that matter in Maliu.I wonder how many visits they have made to cultivate these relationships.
I will certainly be voting to remove WW and HB.The phrase pigs with snouts in the trough comes to mind.

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Goodbye, WW.
HB, goodbye.

BGS Price at posting: 29.5¢ Sentiment: None Disclosure: Held
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