Well along with the new substantial holder form a 203D and 249D have also been submitted. These submissions formally now put in motion the potential removal of all current directors along with the call for a meeting to vote on the 3 new nominee directors who are Prof. Ian Plimer, Nick Martin and Lindsay Gilligan.
My company along with Prof. Ian Plimers company and Geoff Loudon's company and personal share holding are the 13%+ shareholder group as can be seen on the form becoming a substantial holder.
Prof. Ian Plimer is nominated as a director along with Nick Martin and Lindsay Gilligan. These three nominee directors have very strong mining and geology backgrounds and their bios speak for themselves and they may well be already well known by many within the industry and investment arena. Prof. Plimer is involved with various Gina Rinehart companies through his board positions and is valued due to his immense knowledge in geology and mining. These documents are listed with the new substantial holder form.
JFI
SCI Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
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