Letter on behalf of hurt shareholders
Dear Dr Tunks, I am now down 71% on my investment. It’s not your fault. We all got carried away and believed you had discovered the next Super Pit. We only have ourselves to blame and should have not got that excited at 7 cents.
I think I have support from many on this forum to ask you take a 70% pay cut until you put some runs the board and save your precious cash you raised at 7 cents.
I ask you stop flying Business Class and focus your time on the next drill programme that I know you can deliver on and prove those on this chat who don’t believe you anymore wrong. I believe in you which is why I write this. I want to see you succeed and show this is the next best thing.
Our small businesses have all taken a 100% cut in income this last week and I think you have that same responsibility.
Many of us are small businessmen who would especially appreciate your gesture.
I also ask the board take a 50% cut in board fees and receive those in shares.
Our footballers are leading by example and it’s time you run this business to last the next 3 years without a CR. That is how long this downturn in our economy will last unfortunately. We know we can rely on you to do the right thing.
Sincerely
Brave New World
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- Dr Tunks please cut your pay 70%. It’s the right thing to do.
Dr Tunks please cut your pay 70%. It’s the right thing to do.
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