GW Melbourne Update - Feeling Upbeat, page-71

I think noodly Biddle showed his true colours pre-EGM with GW trying to do back door deals and asking him to pull the resolutions and meeting for a board seat. That didn’t transpire as GW said NO.

Then at the EGM itself Biddle was condescending, defamatory and outright unprofessional in his conduct and opinion of GW. I think the ship has sailed on them working together.

Biddle didn’t impress me at all at that meeting and said nothing positive as to the project or next steps. I was trying to be objective and listen to Biddle but what I heard was a bully and maverick. Shame it wasn’t streamed live so others could also sense what I’m saying. Like I’ve said Biddle doesn’t believe in the project. That’s from the inside.

Vote accordingly if you want Peake in production. NO to Biddle and YES to GW.

Then the Board is well placed. Covers experience in engineering, titanium (which is key), relationships in the territory and access to capital markets and funding. With that Board composition might even see Fisher engaged to work through debt funding package. He is excellent at this stuff and gets mining.