Ann: Change of Director's Interest Notice - Damon Neaves, page-15

There is very little chance of a small shareholder group removing board members, does that mean we should lay down and die? We should be a unified voice to announce what we are, and aren’t, happy with.
Should we let remuneration be adjusted to whatever the Longreach controlled board deems fit, without us saying a word? Performance rights hurdles changed to 7c, commercial marketing agreements to JP Equity with no result except for profits for day traders.
Should we turn a blind eye to the company’s share price performance over 30 months? The strategic vision in certain jurisdictions obviously failed, that is a direct condemnation on the BOD and management of the company - Everything is purely reactive, which is poor strategy.

We can (atleast) vote against these things together at the AGM, which is what I am trying to do, and those votes are growing every day, now at 26 million.

I agree with you, Timor Leste is a significant asset for FDR, and should do well for us, but it came at a cost to the capital structure through a large CR at all time lows. This strategy was never the selling point of FDR, they were a company that had a successful 18 years of deal making and self funding to get drills done to find oil.

If that original business case is no longer viable then remuneration should be validly critiqued and adjusted to the new reality.