I tried to put together all the known facts and rumors.
1. Current operations
TPR sticks to its investigation of Jillewarra Project. This may be to satisfy ASX rules but we cannot exclude TPR will keep on exploring gold resources if viable source of future income. Previous Charman Mr Priestley is still on board as a non executive director and apart from corporate experience he must be having wealth of experience from the previous exploration of TPR. His family fund has got almost 3% of TPR shareholding
2. Board
Chairman - Ross Anderson
Morgan Barron
Douglas O'Neill
New appointments: Company's secretary: Wendy Dillon must be well trusted by Ross, coming from his own business, Brett Tucker - lots of experience in takeovers and corporate transactions. Well suited for what i is being planned
All experienced operators, with good track records either in their own businesses or corporate environment. They have got their skin in the game (Anderson and Priestley). Others may have smaller stakes as not listed in top 20 (just speculation).
3. Top shareholders (especially the new ones)
Ross Anderson
Commins Partnership
Larry Walsh
All linked to agriculture business and Southern Cotton
Mercantile Investment Company Ltd - NZX and ASX listed (MVT) aggressive investment fund with experienced board. Good growth over the last couple of years. They acquired six businesses from 2011. Doesn't look bad as an investment of its own (to put your money in)
4. Speculations:
Southern Cotton - this is the first thought given the new shareholders names and their roles in this business. Larry has been recently appointed as a new chairman of SC and announced ambitious plans for Southern Cotton. Maybe listing this business is the way of delivering on the expectations and ambitions of SC holders. SA is a highly successful, multi award, high tech cotton business. Their only ASX listed competitor is Naomi Cotton Cooperative (NAM). Cotton business has been listed as the 2016 industry to be in in terms of growth prospects (Motley Fool)
Aquaculture - Fish business
Larry Walsh is running his own fish business on side with the assistance of Thurla Farm. Thurla Farm has been recently taken over by Computronics (ASX: CPS). CPS has been de-listed and the company has not indicated their intention for re-listing. Checking out Thurla Farms, they look like still looking for potential investors. Two options: either the website is not up to date or CPS intends to re-sell the business. Numbers shown on TF website look very attractive in terms of potential income.
This is probably nothing new for regular visitors of this thread but I thought it would be good to put everything together for the further discussion's sake. Looking forward to your contributions.
Yskelo
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