FML 0.00% 14.0¢ focus minerals ltd

ha ha ha

  1. 52 Posts.
    Look who's trying to get on the board at Intrepid?
    Read below and don't laugh at the last potential appointee.
    He's going to save them too.
    Get out of that one if your in it!!!

    Intrepid statement below......................

    Time for a New Board

    ?Our financial interest is fully aligned with fellow shareholders
    ?Lost confidence in Board and leading requisition of General Meeting
    ?Vote YES TO ALL PROPOSED RESOLUTIONS to
    ?remove five of the seven existing directors and
    ?appoint four new directors and retain 2 existing directors
    ?Proposed Directors have skills and experience needed to overcome current leadership crisis and restore value to Company’s share price, including:


    A significant financial stake in the Company


    Extensive prior experience in successfully resolving corporate disputes between Indonesian and international partners


    Generating substantial shareholder returns for both international and local shareholders through resolving the above corporate disputes, and additional foreign-local joint ventures in Asia


    Relevant executive-level operational & management mining experience


    The Proposed Directors are:Expand All | Collapse All


    Mr. Greg Mazur (Proposed Chief Executive Officer)
    Founding partner of Quantum Pacific Capital

    Mr. Paul Lim
    Over 25 years of banking experience

    Mr. Cliff Sanderson (Independent; Proposed Chairman)
    26-year specialist in corporate restructuring and transaction advisor

    Mr. Campbell Baird (Independent)
    Nearly 20 years of mining related experience

    ?Former CEO of Focus Minerals Limited, a Western Australia gold producer
    ?Increased annual productions by 4x to 176koz through organic development and strategic acquisitions, developed strategic partnerships and raised more than A$200 million in equity capital

    Proposed Directors are well positioned to resolve leadership crisis and restore value to Company’s share price for all shareholders

    Proposed Board will be Majority Independent*
    unlike current Board
 
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