For once, cringe, I have to agree with you - what a bunch of drongo's.
With the AGM coming up, SH should vote NAY to all resolutions rewarding directors, returning them as directors or increasing their remuneration. This is only fair in that a) they have not managed to increase the value of the coy, b) SH value has in fact been destroyed, c) none of their plans have come to fruition and d) given the current parlous state of the SM and the coy in particular, no additional expenses should be contemplated until such time as the coy achieves some real progress.
Its about time directors were paid for results, not simply for being present! And BTW, I was one supporting them in their approach in the USA, an approach that should have provided "dividends", instead they are using bad times as an excuse for their own dithering/poor management.
So, arise oh ye SH's and deliver unto your directors a clear message - fail and ye shall be cast out! LOL!!!
WGP Price at posting:
3.6¢ Sentiment: None Disclosure: Held
