RHK red hawk mining limited

This move has been strategic and has been waited out...

  1. 1,152 Posts.
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    This move has been strategic and has been waited out deliberately.

    OCJ have never previously wanted board any representation, as it would have likely had to recommend offers and align with strategy direction etc. in line with majority board positions.

    I read this move as very positive - despite OCJ's last vote, (which IMO was not in minority shareholder interests - I feel BBIG would have provided a more attractive offer if original offer voted down) it appears OCJ have learnt from past mistakes and are now positioned to be a lot closer to the information and influential in any proposal and/or strategic direction.
 
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