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AGM Tuesday, page-8

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markh1960

494 Posts.

21/11/15

11:42

Post #: 16447222
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Originally posted by speculator101 ↑

Hi Paddy, good luck at the AGM, I hope Brett is able to turn the meeting into something productive, as even ABUs most loyal holders must be very frustrated after having invested so much money and time in company under DHs leadership.

If I may add a question or two?

1) Board remuneration - due to the massive failures, will the board look at taking a cut in pay until the company is in a sound financial position? i.e 20-50% in the short term.

2) Does Brett view further share dilution as a TOP priority as LT shareholders have been heavily diluted over recent years?

3) Does ABU have any other avenues for bolstering their cash position, i.e asset sales or J/V or farmins?

4) How much high grade ore do we have stockpiled at Coyote in case of wet season disruptions?

5) Would it be possible to buy some of TAMs stockpiled ore at Coyote to bolster the plants output? (obviously at an economic rate)

Cheers!

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Hi Spec,

Add to the list

How much extra cost would 24/7 mining at plant capacity generate, mine twice as long, twice as fast is an obvious solution to half the grade and getting back near on track re generating profit.

Regards MarkH

ABU Price at posting: 9.8¢ Sentiment: Hold Disclosure: Not Held
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