Airing my thoughts on the General Meeting - specifically Resolution 1...
It would appear the Board has decided to line the pockets of SIs in their most recent CR. This is at the expense of SH who’ve previously demonstrated support all whilst suffering stress and frustration due to Board decisions. Therefore, I’m of the belief that they can jam Ratification of 128m shares up their proverbial rings, and my vote will reflect that feeling.
The remaining Resolutions have my support as they present consideration of value and opportunity to SH.
In my mind, enabling them to complete another such transaction without SH approval is madness. Any further thinning out of our holdings is ill-advised. The management team is being paid appropriately to achieve our goal of producing Lithium and obtaining an MC commensurate. The least they can do is attribute that value to those who’ve helped them get where they are today.
Any support? Or have I missed something?
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- Ann: Notice of General Meeting and Proxy Form
Ann: Notice of General Meeting and Proxy Form, page-2
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