If DM and TS did not attend the meeting one has to consider the seriousness of their intent and the ramifications for the other bids and takeovers they are proporting. How serious are they about acquiring PDY, AGU and YRR.
Could this be seen as frivilous and vexatious?
On another note, it was interesting to see the notice TS put out about Cape Lambert Iron (CFE) and the litigation they have launched against MMC Australia Sanjin Mining Pty Ltd to recover $80m being the final payment due to CFE.
This may take his attention many places over the next 2 or 3 years and quite literally cost Millions..the lawyers are going to be having a bottle or 2 of the top shelf on this.
I pity the small (minnow) companies he has backed over the last few years with all the convertible notes and placements he's done. He may want to call them back. My goodness the fallout.....
Maybe the distraction could see him off our playing ground for sometime..
Anyway..to the Board of Padbury. "we are the champions my friend"
If DM and TS did not attend the meeting one has to consider the...
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