"The directors wish to announce the resignation of Mr Denis Vincent McInerney as a director of the company.
Mr McInerney has been a director since 6 May 1992 and the directors and management of the company are appreciative of all that he has done for the company during his term as a director.
A Macri COMPANY SECRETARY "
Now- in reference to the comments made by Zeus on the AGU thread RE: the buyout of the old crew;
That would be fantastic if the DIRECTORS use THEIR OWN MONEY, they can pay any price, I don't care, the higher the better.
DONT USE THE COMPANIES MONEY! - If that happens expect the authorities to to be promtly contacted. We will have to order another keg for all that powder....which is now becomming very dry indeed.
As for gabanintha - the last 2 drill programs were half baked IMO. I hope the new crew doesn't want to buy a "crippled, debt ridden drilling company to finish the job" , especially whilst during a economic downturn no less.....maybe Sabre still has some, "Who" knows.
PS: I am happy to buy any shares/options from the old crew at 0.1c a pop....thats about all they are worth
AVL Price at posting:
4.6¢ Sentiment: None Disclosure: Held
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