Zhang Australian and so to Liu - 2 Australians and 2 china directors. The board made like this as they were corner-stone investors entitled them to board positions. If read their prospectuses previously issued you learn this.
ZIMC (Zhengyuan International Mining Company) is big investor ZEU is just tiny bit of company. ZIMC just tiny bit of China Metallurgical Geological Bureau - Chinese state entity. ZIMC put no money in since IPO. ZIMC get 2 board positions if share greater than 10% of shares on market.
Zhang not go to board meetings just sitting on original investment, they get many free shares . Zhang acts in the interest of Vast Honor - Vast Honor should hold 30% of shares on issue to hold board position. Vast Honor should lose right to aboard position. Constitution say Not attending board meetings for more than 6 months without board approval also means that director can be removed.
This why important to read available information.
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