Ann: Mount Peake Project Update, page-27

I agree with Woodyspoon, the board of this company need to step up and make a decision to reduce their own remuneration and that of company executives This is happening in other companies, large and small, mining and non mining in response to the current health crisis and demonstrates a willingness to share the consequent economic burden. So far in the case of TNG, its shareholders are the only ones bearing the burden of the current economic downturn. The board of a company has a fiduciary duty to safeguard the interests of shareholders and they need to grasp the nettle on this. The remuneration received by the board and the company execs needs to be reduced in line with the reduction in share value of the company so the burden of the current economic circumstances is shared by all stakeholders. I strongly suggest that all shareholders email the company chairman, Mr John Elkington, to indicate he he has to take action on this matter if he is to retain any credibility in the role. I further suggest that emails be sent to shareholders with 10 million plus shares, urging them to contact the Mr Elkington on this matter - they more than any other stakeholders in this company have experienced the destruction of its value.