Just been through a similar situation with HDY where SH's replaced existing directors. Early days yet but with the company managed and run by shareholders with skin in the game it certainly feels like we will benefit from our bloodless coup.
Not quite up on the correct terminology but I believe a "signed 249D form" and a collective 5% shareholder representation is required.
If there really are some significant potential assets/ leases in play, this may be a viable way forward.
DYOR
GFS Price at posting:
0.2¢ Sentiment: Hold Disclosure: Held