Ann: Board Changes, page-5

Originallypostedbyskinsy11

HiGosouth
Iwasnotawareofthepasthistory.MyinterestarosewhenCSEheldlargeparcelofSYRandtheSPofSYRwasabove$5andthingslookingtobeontheupandup.ThencametheshorterswhohadnegativeviewsretheBalamaprojectandthedifficultyinproducingandsellingthestuff.
Wellhereweareagain.
FromthenewDirectornotices,itshowstheyholdnoshares.
WhydidCSEsendtheTracenoticerequest?Didtheythinkthatsomesharesarebeing'warehoused'?
AnywayletshopetheynewlyconstitutedBoardhavesomeideasastohowtorebuildshareholdervalue.Somehow,Ithinkwewillseeanyvaluedilutedawayasoftenhappensissituationslikethis.
Anyviewsonwherethismightbeheading?

Hi Skinsy
Just do some googling on Tolga Kumova and you will find plenty to read. I am surprised there is no other comments about this on the forum today.
I suspect Harry Hatch will be forced to dispose of his excess CSE shares above the takeover threshold of 19.9%.
I suspect Tolga will want a stake in CSE to leverage future positive outcomes.
Finding good resource projects takes time, but Tolga has the right contacts and can make it happen.
What is CSE's shareholding in SYR worth? About the current market cap of CSE by the look of it. A lot less than it used to be.
Cheers
Gosouth