Mr. Wood, and current & former shareholders,
If what Mr. Wood says is true about the 249d incident, and how & why Mr. Wood’s termination was handled by Ian Whiteley and Don Carroll…I strongly think that legal recourse is needed for Board Misconduct and Failure to Meet Fiduciary Duties. Failure to meet fiduciary duties, misconduct of board members can be related to personal matters (which the ‘unknown’ reasoning for the issuance of the 249d, and the the threat of a potential issuance of a 2nd 249d both initiated by Whiteley - could fall under ‘Personal Matters’. Board directors are not allowed to put their own personal interests above the interests of the organization when they are conducting business. Board directors are held to a higher standard of behavior because they hold a position of greater responsibility. They should be above unethical behavior both inside and outside of the boardroom.
If what Mr. Wood says is true, then these acts are corporate sabotage; especially since the acting CEO was in process of securing finance to move the Kogi Iron project forward at the time of the 249d.
I think a legal investigation is warranted and needed for criminal penalties and civil redress to all shareholders who have been negatively affected financially.
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