PDY 0.00% 0.7¢ padbury mining limited

sage leads board spill, page-8

  1. 13,171 Posts.
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    If they gain control of PDY, what's in it for Tony Sage el al.

    Padbury is a major shareholder of AGU and YRR, so he will gain control of both sister companies by calling Special General Meetings and replacing both boards.

    In their attempts to destroy the sp they have next to no stock left so they'll do what McInerney did and give themselves free stock.....either straight out freebies or vest in some worthless bit of ground owned by their cronies in return for stock. We're not talking about a few million shares here....it will be in the hundreds of millions.

    Q. How many shares and options has the current board members given themselves since their appointments?

    A. ZERO

    I support the current board 100% and should it come down to a vote I urge everyone to reject any changes to the board. I'm happy with the fact that they are committed to striking a deal with the Chinese and I'll do my best to ensure that Tony Sage and his cronies don't ruin this golden opportunity.
 
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