Mr Warburton was removed from the Board of RMX, a company that...

Mr Warburton was removed from the Board of RMX, a company that spent years trying to define a resource for Gold in the Philippine's funded by many, many capital raises. The final feasibility study was never finalised and when the board was overthrown, over 3 billion shares were on issue. For one of the capital raises for this feasibility study, a portion of this money was invested in a British listed company, Bluebird, without shareholders permission and thus was not the publicly stated reason for the capital raise.


Mr Warburton has been on the board of FMS now for a year overseeing a feasibility study / asset maturation study also funded by numerous capital raises. Some may question the time it has taken to complete this study. Also for the upcoming AGM the directors have put forward a vote for incentives yet no binding agreements have been signed nor has any transport / infrastructure solution been delivered and obviously they are not in production yet.

See a pattern here?

IMO and this is not advice