I thought JJ was new blood. This is not the first time there has been musical chairs with the board. Previously the existing board beat off the newcomers.
My concern is this; they have assets in the ground; the approach now seems to be to consolidate and expand those assets through further drilling. If enough assets are proven, given they already have mining approval, the less need there will be for JVs and the greater their ability will be to self-finance, preferably through borrowing not share issue.
Where does Willis stand on this?
Ann: Receipt of Notice pursuant to s249D of the Corporations Act, page-19
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