appoitment new non-ex dir john main, page-18

PS IMO what this was meeting really about was a "show of strength", making it clear to potential bidders/partners who it was they really needed to talk to to secure Extract votes.

In that respect, ISTM that Kalahari's backers got a bit of a bloody nose as the vote was so close. Whilst they do control the majority of EXT votes, it's a fairly close run thing.

That could actually be rather positive for EXT's share price because it means that anyone that can pick up votes in the market now could swing future critical decisions. Several parties could be rather interested in picking up loose shares - and the shares are still cheap relative to the resource Extract possesses.