Just voted NO NO NO, page-15

BCI have taken over IOH (Iron Ore Holdings WA)
What type of deals are going on in the Pilbara other than the FMS/Todd giveaway?
Twice and the last is in the Non Executive Directors Annual Report.
Where can we get the money or words to that effect?
JV for development $ and the lender gets a higher % of the I/O mined to reduce the loan for a number of years normally only a few years.
Co say FMS retains the tenements and all it’s I/O.
Another is Cooperative mines. BCI, AGO and API (not shore the identity of the last) chip in and share costs and profits.
IMO what wrong with the above in the opinion of a non executive director is that he/she has to give up the comfort and strangle hold on a company and cooperate with others who have objectives in sight.
A reminder to SH, re voting.
Don’t miss the cut off date and time.
If you don’t mark the box of your choice for each resolution, your vote will be cast by the Chairman.
SH need your vote, it’s a harder one this time round with an extra 540mill available votes.
Good luck to all.