Hi Levelhead,
No there has been no reply from Jervois Management. They are not taking calls atm, not even from reporters who wish to get Jervois' side of the story. I guess they are trying to keep a low profile. This could be to their detriment. It would be better for Jervois to reply to these shareholder concerns in ASX release or other means.
We are slowly pushing towards the 70% of Jervois holders needed to call the General Meeting to review leadership at Jervois. We need all Jervois shareholders to come together to make a change, even the small shareholders. Here it is again for those Jervois shareholders who want to make a difference to the future of Jervois:
A number of disgruntled Jervois shareholders have come together to form a unifying voice for other concerned Jervois shareholders be they minor shareholders or top 10 shareholders. Any Jervois shareholder who believes a change needs to occur in the current board be it a replacement of the current Director (Duncan Pursell) or addition to the current board (2 candidates have emerged who have credentials required) please send an email to :
[email protected]
Please state your name & whether you would prefer to remove Duncan Pursell from the current Director role or whether you would prefer to add a new director to the board with more experience in financing mining/mineral ventures. Please also state your holdings in Jervois shares. This information would only ever be used to tally the 5% quota of issued shares held or 100 shareholders required to call an extra ordinary meeting to put forward the changes needed to the current board. These would then have to be voted on. For those that missed it:
249D Calling of general meeting by directors when requested by members (1) The directors of a company must call and arrange to hold a general meeting on the request of: (a) members with at least 5% of the votes that may be cast at the general meeting; or (b) at least 100 members who are entitled to vote at the general meeting.
74% of issued Jervois shares are held by those outside of the top 20 shareholders. If you want to make a change to the glacial speed with which Jervois moves, make your voices heard.
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