CAY 3.03% 6.4¢ canyon resources limited

Ann: Appointment of Mark Hohnen as Executive Chairman, page-72

  1. 648 Posts.
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    To be honest after seeing the cameroon government steal sundances resource even after court telling them not to, id have made a experienced lawyer the chairman and get out in front of this building situation and maybe we could strategise better than sundance did

    if we end up in court for a few years then we obviously will need law firm on the payroll but to have one on the board would get value for the 400k salary

    and as i stated earlier we need to cease spending on the assett as we need all 30m remaining for legals as once it goes legal we are suspended and no one would raise anyway or eagle eye would do a convertible note to take the entire company for a few mil and no obe could stop it as it would still be in holders best interest as otherwise broke and no one else would lend
 
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