FFX Shareholders Action Group Q & A, page-79

  1. 4,498 Posts.
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    I can tell you how it won’t happen: it won’t happen by Brad Gordon, Mark Hepburn & Brett Fraser - or anyone else elected to the board - sitting in a cubicle in Leederville manually organising it. That work is all farmed out to the tax accountant, the share registry, and the company lawyer with first line oversight by the Co Sec. This will continue.

    Past experience or (very questionable) skill in sharebroking, M&A, and funds management is as irrelevant to this exercise as African operational mining experience is. What the board brings to the mix is supervisory, and the current board failed that test long along ago when they omitted having proper governance & controls in place to prevent the “loss of control” of an asset representing hundreds of millions of dollars of shareholders funds; by “walking away from” and remaining mute on Morila; and by delivering a $220+ million loss during the last financial year. The new board can all sport mohawks, have false teeth, and wear high heels to work for all I care, so long as they take their supervisory role more seriously than the three blasé, secrecy-oriented, self-promoting part-timers who are currently presiding over this mess.

    Incidentally, why don’t you post here under your usual profile, instead of this trolling-specific one? We are all wise to your game.
 
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