All it means is this.
There is no need for JOA (Joint operating Agreement) between parties to pass resolution to operational requirements.
There is no need to vote so jobs just get done in a timely manner.
Who thinks MIN will want their gas plant up and operating asap?
So they sweep out the board, place on it who ever they feel best to accomplish that new goal without a vote by all holders.
Its no longer an exploration company therefore skill set does need to change anyway.
Rejig of the whole board and allocation of the right skill sets (org structure) is a vital next step.
Only level I am concerned about is 90%
Holding until then is my plan.
Drill Drill baby Drill
- Forums
- ASX - By Stock
- NWE
- NWE - Week starting 13th February
NWE - Week starting 13th February, page-84
-
-
- There are more pages in this discussion • 150 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NWE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online