RIL 40.0% 0.7¢ redivium limited

Ann: Hannans - Notice of Annual General Meeting, page-2

  1. 4,807 Posts.
    lightbulb Created with Sketch. 1660
    https://hotcopper.com.au/data/attachments/3722/3722958-5b479d74ab898025d43dfca2b4173d22.jpg

    There in black & white.

    The Independent Directors recommend shareholders vote in favor of the Critical Metals transaction.

    NMT being the largest shareholder won't be voting, considering they have a 33% stake in HNR that's a huge chuck of the voting power gone. Without NMT in the Top 20 the amount of control the Top 20 have reduces dramatically.

    https://hotcopper.com.au/data/attachments/3723/3723001-6f56bfc590a1bd08c6a373876b42f9bb.jpg

    The way I see it, by NMT not voting, HNR will be trying to gauge the Australian investor market for it's appetite in battery recycling!! Is there enough investor demand & do shareholders want to see this happen?

    This won't be a situation where NMT uses her weight to drag HNR shareholders around. HNR is giving it's shareholders a voice & the opportunity to stand on their own two feet & drive HNR in the direction we want to see her go.

    B
    attery recycling in the Nordics & perhaps in the UK & Ireland with Greenhouse.

    The decision is yours & yours alone.

    https://hotcopper.com.au/data/attachments/3723/3723070-bec7e528c19288c97df7c526d1a7a5b0.jpg

 
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