APG 0.00% 0.2¢ austpac resources nl

Glossy report but nothing new, as if they have been sleeping for...

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  1. cyw
    3,328 Posts.
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    Glossy report but nothing new, as if they have been sleeping for a year, except for a few holes drilled. The US deal is dead and from the looks of it so is the Chinese synthetic rutile deal. It has been stalled since July. No mention of the project finance deal either. Looks like all the irons have been removed from the fire.

    If we are not happy with management, instead of venting our steam on the forum, we should vote no to re-election of directors or the remuneration report. Most likely they will have enough large holders to keep them there, happy and fat, but at least we small shareholders can voice our concerns through the vote. Let them know the small shareholders are not happy.

    I, for one, am not happy.
 
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