Ann: Director Statement, page-9

I find it challenging to grasp the reasoning behind this lengthy statement from David Ward. If David wants to be considered as a suitably experienced non-executive director, then both the Board and shareholders should rightfully expect, and he should provide more coherent communication. His main complaint appears to focus on the Obsidian/Delta transaction, an event which occurred years before his appointment, which was clearly subject to the scrutiny of the board at the time and considered appropriate.

He also has an issue regarding the services provided by Obsidian, surely as a non-executive director he would have conducted his own due diligence before accepting the position, especially regarding shareholders and advisors? This sounds like someone wanting to push their own agenda as Indiana get closer to receiving its share of the proceeds from the award, just disappointing.