AGM would have been a farce. Writing was on the wall. Solid governance required and good message being sent to the shareholders not taking up the various packages. In all likelihood this wouldn't have passed which would have been quite embarrassing.
An honest, unambiguous update now required at the AGM and to refocus on the exploration activities currently active. Namely Pardoo, Results from the Water Rights Application for CM and plans for Rhodes Marsh.
I would think it riddiculous this company embarks on any other projects given the current levels of share dilution and so will be interesting to see what strategic decisions are made over the coming months ???!!
Ann: Director Appointment/Resignation and Appendix 3Z, page-10
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