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07:49
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Originally posted by sroyle
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"Directors departures today had nothing to do with financial aspects of the project old chum." "In the role of Executive Director – Commercial, Mr Eldridge will be involved in managing theincluding project financing , key contractual negotiations and finance and develop the project ." "Reading between the lines I think the boys were punted." "The 10 resolutions were all duly carried with very solid, to near-unanimous, support (refer to the separate Announcement for detailed break-downs). SH applause greeted the addition of new Board members CJ and LE . There were two SHQ’s during the course of the Resolutions, With regard to R 5 (Unlisted Options to Directors), SHQ asked if the two new directors (CJ & LE) might be given a few minutes to address shareholders prior to an in-the-money options vote , to which FP suggested that opportunity would best wait to the informal part of the day. "For what it’s worth, breth, for someone who has only fairly recently joined the Board LE seems very thoroughly across this company’s corporate strategy and its resource. I also found his general manner compelling, and I think he will be a first-rate addition to the company at this stage of the project.
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Sroyle I don't think we'll see anyone on here come right out and say why they were asked to leave. For starters it is not public knowledge at the moment so would be difficult to substantiate as you can imagine.
(20min delay)