IBG 33.3% 0.4¢ ironbark zinc ltd

Ann: Quarterly Activities Report, page-2

  1. 2,947 Posts.
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    Pretty much says it all why they are not replacing him - one would think arbitration would rule in the boards favour!
    Hope it gets resolved very soon -

    "The Board of Ironbark decided not to appoint a replacement Glencore nominee director and have informed Glencore of that decision. This decision was not made lightly and while Mr. Kelly became a valuable member of the board, the apparent lack of interest in supporting Ironbark’s recent financing activities of the Citronen project by Glencore was not only increasingly difficult to explain to participants in fundraisings but Glencore’s influence had a potential impact on other parties interested in participating in the development of the project."
    .

 
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