ADN 5.00% 1.9¢ andromeda metals limited

Ann: Date of Annual General Meeting, page-12

  1. 1,459 Posts.
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    I have sold out some time ago so consider my comments to be without emotion which majority of comments here are fuelled by. People calling for a second strike without reviewing the documents are asking for trouble. Even after reviewing the documents people need to understand these are not wages that you get at an everyday job these are corporate packages and while some increases have been over the top they are still somewhat relative to the sector so don't get sucked into comparing how much it is to your wage. People with their pitchforks outs screaming for a second strike I would suggest may regret their actions later. I personally don't believe anything good will come of it and in fact will cause a lot more issues. Currently I feel like ADN are at rock bottom of there abouts but a second strike could open the trap door and cause immense pain. Now this would benefit me as I will buy back in if this happens as I think there could be a huge exit but for the sake of the company and many long term holders don't get sucked into a mob mentality and make poor choices. Take the time to consider the repercussions of your actions.

    James loves ADN and Kaolin but no doubt the last 18-24 months has taken its toll and a board spill at this time could be the straw the brakes the camels back. I dont agree with James' messaging at times and the way the company has handled alot of situations over the last 2 years have been poor at best. AS and RG are gone and a new stronger board are in but it takes time to change old ways and to implement systems and strategies and JM reading from a script was hard to watch but shows the leash has been tightened.

    So despite all this I'm sure the emotions will win and a second strike will happen but the aftermath should not come as a surprise.
 
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