If we are to call an EGM to remove PB we need to act quickly...as in the next couple of days. The first tranche settles 5th Oct.
Would be interesting to hear from a few Top 20 holders @box etc regarding their thoughts on the timing of this CR. Surely sounds as though there are further delays regarding permitting or the company surely would have waited.
Looks like a complete disregard for current and long term shareholders interests with regards to timing. The only confirmation of this announcement is that PB is safe at this years AGM unless removed before hand. The last SPP was at 13.5c with attached options (which mostly expired worthless).
The Refinery Draft EIS submission is coming up to being 10 months overdue. Time to take action ourselves as the MD does not seem to be taking action in the right areas.
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