Anyone know if the Browns now have the numbers to get Rex T out ? Looks alot worse for RT to go out like this compared to be a man and relise his services are no longer needed and majority owners have spoken and walk out and he has done a shocking job over the years and sp speaks for itself.
Also they said the last equity raising was required to pay for the ML and engineering studies etc and they NEEDED the money which is why a big discount was offered etc however a good co and MD would of planned ahead knowing these expenses are required and started raising the required funds earlier on to allow time to sell the company at a good price, yes even to a large so called strategic partner not take the easy way out and sell us out so cheap with no regard to existing poor suffering shareholders. Shame on you and if that equity raising was completed all the block the browns to save your job then even more shame on you and your professional career is done.
Been a holder for 4 or 5 years bought on based on co BS production finance around the corner etc...
Does anyone know if the Browns have found a suitable replacement for chairman ? if not they should start looking asap, because no doubt RT will be history.
SP what a joke, and good on the Browns for taking action.
Also never PB or RT has dug into there hard/easy large earned cash and support the co and bought shares on market that also says alot.
PB WHERE R U , give us a update on CLC agreement, ti offtake finance and EIS !
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