QMN 0.00% 16.8¢ queensland mining corporation limited

healthy bonus of $126,000 for hr!, page-17

  1. 24 Posts.
    Thanks for your reply Buddy, answered my queries and more :)
    I was keen for an EGM but considering the board would(should) currently be flat out chasing down joint ventures, drilling and evaluations etc I expect an unanticipated EGM would probably distract them from their current work. A change of board and the time wasted in the process of an EGM means it will take QMN longer to get running.

    The AGM isn't too far away, if there has been a lack of progress and efficiency by the time the AGM arrives then it's time to consider rolling the board. But for now I'll try keep some faith in HR & Co. Hopefully that faith is rewarded with some serious announcements soon. Oppies are beginning to fail with the timeline for production extended so far past them. Not sure if I should top up whilst everyone else is running away or sell out and top up later.

    ~20.13m shares is needed for an egm - if needed Phoenix + f&f could call for an EGM, although 201.m for the replacement of directors.. might be harder to get that one.

 
watchlist Created with Sketch. Add QMN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.