PGM 5.26% 2.0¢ platina resources limited

This message is to canvas all of you to see whether you would...

  1. 7 Posts.
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    This message is to canvas all of you to see whether you would support what I am about to say......

    Put simply, the current PGM board and management goals are not aligned to the goals of us, the shareholders.
    They have lost nearly 50% of our shareholder value in just 4 months! As the path of least resistance is down I would be confident to say that in another 4 months we will have a share price under 5c.

    Management's motivation, timeline and focus are not even close to where we need to be in the current commodity cycle. They do not have a customer, have no off-takes, joint ventures, or indeed anything whatsoever pending or even close.

    I would like to put to ALL of you in this community, that we organise and hold an EGM, an Extraordinary General Meeting, where we table a motion to fire all of the current board and replace them with a suitable, capable and experienced team that will focus on shareholder value again. Can I also say that such a team is being formulated now!

    We would require 40% shareholder voting approval, and I can be reasonable confident to say that many of the top 20 shareholders are already behind such a move; in other words we would now have the 40% needed to bring a change.

    If we do nothing, we are lost!

    Can you all put forward your thoughts on this please so that we can all see what the appetite is for what we as shareholders can do.

    Sumak.
 
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2.0¢
Change
0.001(5.26%)
Mkt cap ! $12.46M
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2.0¢ 2.0¢ 2.0¢ $845 42.25K

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