Ann: RGN-1 Testing Update, page-26

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wabbit

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26/01/17

18:31

Post #: 22155845
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Originally posted by bolat ↑

Sorry Kit, but could you tell me/us when did the current Board actually listened to any share holder???, we all know they listen and take advice from consultants (whom I'm guessing are not shareholders either).
Don't you find it strange that we are told they have a 5 year plan, but haven't backed themselves by investing into their own plan?, or like Wabbit, don't you think they need to?, how seriously do you think the market will take them with this so called 5 year plan...
Over the years, I have had many people and employee's approach me and tell me they have a business idea and give me a run down on their plan, all good, but as soon as you tell them "are you prepared to back your plan by investing into it"?, you guessed it, they remain silent, unfortunately this is usually the part where they fail.
Like you said "I want my money invested in exploring" and that is why I re-invested because we were told that we were going to drill 4 new wells.
So, how do you have a 5 year plan if you don't/won't back it up with your own money???, yes it is much easier to risk other peoples money, specially when your own personal risk is zero and no-one is held accountable...
I personally don't enjoy the negative posts at all and if you want share holders to rally behind the Board, then they also need to show strong leadership and one way for them to do that is put their money where their mouth is...

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bolat.

SH voted the board in to run this company there was no requirement for them to buy shares.
You have the chance to change it at the next AGM all you have to do is put in a motion and let the SH vote on it.
Very easy to say but I know you will not do anything about your concerns.
Lets see if you can put your pen where you mouth is.

EGO Price at posting: 29.0¢ Sentiment: Hold Disclosure: Held
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Ann: RGN-1 Testing Update, page-26

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