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Shareholder Revolt, page-9

  1. 130 Posts.
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    Morry
    As we all know they’re compelled to release anything market sensitive, and it has to be accurate.
    I think the frustration with the board is completely fair given the lack of major milestone achievements over the last couple of years. Still no EIS, still no titanium offtake, still no financing, when all three were naively hinted by PB as being just around the corner a couple of AGM’s ago.
    However delays in a massive project like this can happen, but I don’t think PB helps the situation by jumping on the radio every quarter and promising major news soon.
    The more pragmatic of shareholders no doubt remain here because they now view SMS and other stakeholders as doing the heavy lifting and getting this over the line.
    I don’t think anyone still has the view that the current board are the ones to take us into production, and so when you ask what we can do, I’d suggest as a minimum a bit of NED rotation at the very least.
    I won’t be voting for Stu Crow if he’s up for re-election for example.
 
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