Ann: Non-renounceable Rights Issue to Raise up to $4.96 Million, page-101

At the AGM these directors had the temerity to complain that some Hot Copper comments were bordering on defamation. Seems it is OK to destroy shareholder wealth but it is not OK to say nasty things about management.
It would appear that there has been serious mismanagement of our company. No point blaming the Blues'. These people may be ruthless businessmen but they can't be blamed for taking advantage of the situation.
Our directors should have protected our asset. We don't know the true state of affairs because the Board has never communicated adequately with us. The current mess is an unmitigated disaster and someone in management needs to step up to the plate and be accountable.