Ann: Notice of Annual General Meeting, page-17

Yes to mostly everything for me, except...

**Resolution 5
...a EXTRA 10% on top of the 15% (that was already granted a few months ago!)
IMO...this is totally unneeded.

In my chat with JP I stated this...I said I'm fine if you need more money later (as much as you want actually) but, there should be a EGM vote for SHs to review why you need the extra money.
His reply was that it would take a extra 30 days...??
There's nothing that could be bought in 30 days so there's no reason the extra 10% should be asked for IMO.

I'd also like the SP to be a lot higher and the fact GLN is not getting in front retail investors to tell our great Hombre Muerto story, concerns me. (these conferences are a total waste of money and don't bring any new buying/INFLOWS...or build awareness.)

Let get some RUNS on the board first...before we handover the keys to the cookie jar.

**Resolution 6
– Refresh Approval of Proportional Takeover Provisions


These lines are from the actual doc GLN sent out (I repeat...the words the board picked)...

A proportional takeover bid involves the bidder offering to buy only a proportion of each Shareholder’s Shares. This means that control of the Company may pass without Shareholders having the chance to sell all their Shares to the bidder. It also means the bidder may take control of the Company without paying an adequate amount for gaining control.

&

However, it is also possible that the inclusion of such provisions in the Constitution may discourage proportional takeover bids, and may reduce any speculative element in the market price of the Company’s shares arising from the possibility of a takeover offer being made. The inclusion of the provisions may also be considered to constitute an unwarranted additional restriction of the ability of members to freely deal with their Shares.

Is everyone ok with the above?

When I asked JP about this...he was vague and unclear on his answer and basically said you should do what you think is right?

Not the answer I wanted to hear, when the question was...Why is this in there?

It's all mute...as most SHs vote YES to everything the board puts in front of them.
Also, mgmt and insiders own 42-44% of the company so they are getting passed.

Man, do I want to see permits, drilling and a JORC soon.

IMO
DYOR!!