is this egm still needed, page-17

My take on this situation is that at present PMM is carrying on PMM business as usual and not affected by the possible takeover as mentioned in the article. I am still voting with them

BUT this FAS aligned board is having a go at changing the constitution to benefit John Doutch. This is a last gasp attempt to benefit JD or themselves. After this there will be checks and balances in place and the tenements and the fees paid to JD will not be allowed unless entrenched in the constitution.

Fas will still contest this EGM to get their resolutions through
Who decided what percentages has to be taken up by these two additions. Who has been in contact with the company central to all these individual major shareholders and possibly PMM in the future

It seems to me that FAS is confident that in future there will be only them and Anchellor Mittal subsidiaries that need to agree to pass any resolutions

I feel there will be a contest on at the egm but perhaps after that it will be immaterial

We will have chance to prevent dilution if we support PMM into this EGM and get rid of the FAS influence or at least lessen their influence