JRV 10.0% 1.1¢ jervois global limited

announcement, page-27

  1. 279 Posts.
    Well there you have it. The proposed new board of Jervois comprising 2 economists, 1 accountant and don't really know what Richard Campbell would do. He just has a massive conflict of interest through Double Link and his own clients money in JRV.

    No mining engineer and no metallurgist to oversee or develop a nickel process for Young or anywhere else.
    What a sham.

    Shareholders should see this for what it is. An opportunistic move to grab control of JRV. Next appointment the receivers as why would Norm continue to invest his time in all this. At best everything would be put on hold for some indefinite period. Still no process and now no R&D under this proposed new board.

    In fact why would Norm even want these other 2 around. Nightingale would have all the financial side of things covered so what would be the role of Leydin. From past performances she would not be given the responsibility of the 3X notice to the ASX for Norm. Nobody knows what shares Campbell was holding when he was appointed a JRV director earlier this year. Imagine Campbell failing to make sure this notice was lodged and the company secretary not lodging the 3X!!!!. Years of trading shares for himself and clients and he didn't know?. Bulldust.

    Now that the Chinese deal is over, what use would Campbell be to JRV? In fact he would have been part of the 'negotiating team' that could not get CRR over the line. Alternatively he was working behind the scenes telling the Chinese he would do a better deal and get rid of DP. What would the Chinese think? IMO they would quite rightly assume the board was divided and not sign anything!!! This is all in the best interests of shareholders? I don't think so.

    What deal have Double Link ever pulled off? Who are they and what is Campbell's role? What could he gain by remaining on the board? Has he been offered some commission if CRR signed a deal. All unanswered questions.
    If an EGM takes place, both Campbell and Leydin should resign and offer themselves up for appointment. Would Norm agree to this, after all he would be running the show? IMO they are of no use to him if he got control of the company.

    What has Jansen done wrong to be so callously removed from the board.

    These directors, Campbell and Leydin stink IMO. They have attempted to destabilise the company for their own self interest. Leydin Freyer services terminated with good reason and Leydin is seeking revenge at the expense of ALL shareholders.

    Have a safe and happy Xmas HC's

    Deepdiver
 
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