This post is merely my layman’s opinion
His complaints are the awarding of performance rights to a director that should not be awarded yet.. The below clearly shows, the securities are yet to be awarded, and the 1,000,000 were already approved by the board prior..
His other complaint is the timeline leading into the appointment of the company secretary and CFO.
Someone help me understand what resources and productivity Mr Ward is providing to IDA to act in their best interests?
Its my understanding he was appointed 17 months ago for his Geologist experience and qualifications.. I haven’t seen any evidence that shows any success in his role to date in 17months as a Director..
It appears from the outside that it is just difficult to remove someone who is not providing any value, and some large shareholders have recognised that, as have the remainder of the BOD.
Now, in my view, Mr Ward is just showing his true colours and the fact the only interests he’s trying to protect are his own are highlighted in bright neon.
I mean seriously, a Chair putting 7 years in of hard work and resilience rising against the tide, involving over 6 law firms to get to this late stage of arbitration, and a disgruntled and unwanted BOD of 17 months has sour grapes about a few shares being awarded for that effort and resilience.
Give us a spell..
All in my opinion. Just an opinion.. Nothing else.. I am not on the inside, but this is my view on what things appear like from the outside..
Do your own research..
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