think i should be voted to board.
1) replace salary with equity (drive further committment to share price performance)
2) sell down underperforming non-core assets (why does springsure "spring" to mind??)
3) reduce/freeze director pay (same as pdn did)
4) Do whatever it takes to re-rate this stock BY PRODUCING (if we truly are low quartile in Mongolia - then should still be profitable)
5) seek rail infrastructure options
6) look into underground coal gasification of our vast coal assets (exploit cleaner energy - Mongolia assets as QLD opposition. Gas supply should be explored)
7) renegotiate terms of final springsure payment (REDUCE IT)
8) find a debt solution that is majority convertable equity (so less cash drain)
9) look for JV partners for AUZ assets (lets get the party started)
10) Announce any offtake partners
this stock is crying out for a re-rate! mngt needs to address lack of volume (ie - no appetite for this stock on mkt)
think i should be voted to board.1) replace salary with equity...
Add to My Watchlist
What is My Watchlist?