AUZ 0.00% 1.0¢ australian mines limited

AGM, page-341

  1. 3,329 Posts.
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    Hi @mumanddad
    It is not my intention to engage everyone, I would prefer to assist in the background if someone wants me there.
    I mentioned that there were solid shareholders at the meeting with greater influence than I. I met a few but did not fully engage yet.

    At this stage I honestly believe the board of directors got a very substantial wake up call, one they did not see coming and are likely to want to avoid at all cost next year, it comes around quickly.

    We should give the BOD opportunity to take corrective action on their own first. Failing that there will be follow up.

    If the board were more tuned to the job at hand, possibly the SK outcome would have been different, sadly, we are where we are and must accept this.

    I feel that had the board been more professional and effective the institutions would not have left, SK would not have left and many others would not have left resulting in such a protracted deep fall.

    I posted the charts for everyone, Yes the industry has had problems and I do not blame the downwards trajectory on the BOD entirely.
    They have contributed substantially though, no getting away with that.
    We could be in an entirely different place had they converted the lead into a sale.

    To the 10995 quiet shareholders out there, there are people who care and are trying.
    I can offer nothing else at this stage.
    RED
 
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