In my view, this reinforces the need to obtain a commercial lawyer's opinion if a decision is made by a number of shareholders to change a Board policy/ies under the terms of the appropriate Act.
That said, a better path-and one we're taking- is to change the composition of the Board by voting out non-performers. Has anyone an opinion on Brad Underwood who's running GAL at the moment? From what I've read, he seems to be well regarded as a leader. If he's considered to be a director who has interests of shareholders in mind, maybe he'd be willing to stand for a HRZ Board position. Bearing in mind HRZ now has a 50% interest in Mt Thirsty which adjoins the GAL tenement
db
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Open | High | Low | Value | Volume |
4.3¢ | 4.3¢ | 4.2¢ | $14.75K | 348.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 277378 | 4.3¢ |
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Price($) | Vol. | No. |
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2 | 278682 | 0.042 |
2 | 375000 | 0.041 |
5 | 395024 | 0.040 |
3 | 274268 | 0.039 |
Price($) | Vol. | No. |
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0.044 | 94887 | 2 |
0.045 | 54345 | 2 |
0.046 | 722200 | 3 |
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