GSR 0.00% 1.1¢ greenstone resources limited

Ann: Letter to Shareholders, page-88

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  1. 4,341 Posts.
    lightbulb Created with Sketch. 1561
    I wonder if former chair Gary Berrell would be a contender for the board.

    He and former CEO Sean Gregory set up the trial mining with FMR and included mining permit for Burbanks North 35 meters deep pit for about $60,000,000 (at todays gold price) in gross revenue, that deal terminated after the new board was installed in full.

    He kept Barra resource (Greenstone) going after the gold price slump and got Sean Gregory to do the work for the Mt Thirsty scoping study and then the PFS.

    Perhaps Sean Gregory could come back as CEO. The current CEO Chris Hansen is on a 3 month termination contract dated 10 May 2021 his current salary is $270,000pa according to the annual report. If we sacked him now it would cost the company about $70,000 and we would be free of him.

    https://hotcopper.com.au/data/attachments/5640/5640696-8bec6f3314bcef5b81f911c5ddc10ea8.jpg











 
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