RHK 0.32% 78.3¢ red hawk mining limited

EGM, page-33

  1. 2,845 Posts.
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    An expected but still disappointing result.
    Appears Todd have no desire to acknowledge (near enough to) all other holders concerns about the lack of independence on the board.

    The voting turnout however was amazing and amply demonstrates the disconnect!
    Attitude at meeting (from Georgia's report) sounds disgraceful and while the motions were the only issues on the agenda, perhaps it would have been an opportune time for Todd representatives to provide some feedback - after all it would be fascinating to understand how they feel about there major project (BBIG) with a current State Agreement no less being in jeopardy due to a stated lack of data on PIOP!!
    Looks to be little chance of our board wanting to work for all holders
    I expect next move will revolve around capital requirements to move forward with TIO(NZ) already casting doubt about support (while there brother PIO prepared to provide an unsecured loan in excess of $30m on the never and not used to progress PIOP)
    The contradictions never cease to amaze
    All just my opinion...………………..
 
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