BRU buru energy limited

Ann: 2H Resources Update, page-82

  1. 4,781 Posts.
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    I have repeated some of my posts after being moderated.

    A lot more information is needed to come out from these directors.

    I'm not a shareholder but have been doing the research as one should.

    Can anybody justify the CEO and board payments, they are too high for my liking.
    I have gone through the 2024 annual report but not the quarterly reports for the subsequent period to now. Current period annual report due March.
    So far I do like the plan and its progress but I need to read the quarterly reports.

    Is there an shareholder activist group I could get in contact with as I think this board need a kick along and new blood.
    I'm not a shareholder but have been doing the research as one should.

    Can anybody justify the CEO and board payments, they are too high for my liking.
    Has anybody asked for a digital copy of the share registry with the intention of emailing shareholders with views on how this company could trim management costs. One suggestion would be to reduce directors to the minimum required by the corporations act and that is three. I would also suggest regular emails to shareholders asking for them to vote AGAINST the renumeration report. The renumeration report is a special resolution and can be voted down with 25% of votes at the AGM, and that will put the wind up your directors and make them notice you.

    The law changed in 2023 for private email address of shareholders to be available to all shareholders (for the proper purpose), the only shareholder details you cannot get are those hidden in broker nominee holdings unfortunately.

 
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