@JB_007 - It's people like yourself which is the cause and the result is what is happening today. In the same vein that the current POTUS was elected, "drain the swamp".
People (retailers) are getting sick of the status quo being in favour of the pointy-end of town. Being people that sit on multiple boards, work part-time and seem to look after themselves first by disguising it as best interests for "all" shareholders - I.e. the whole short-fall going to Merchant.
Sure, management sometimes will throw retailers a bone but it will always be after the corporate's have been fed first.
You claim that ML's tweets are "unbecoming of a director" yet you don't believe sitting on multiple boards, working part time, not responding in a timely fashion to retail shareholders, and not engaging with retail shareholders outside of AGM's/GM's as being "unbecoming of a director".
It's sad that you and others are happy to accept this as "par for the course" for almost all juniors on the ASX.
The problem a lot of retail shareholders face across the ASX is that they have no recourse for action if they believe a director isn't doing their job properly because at the end of the day, the "Merchant's" of this world are always going to support the people that make them money.
Sure those "Merchant's"might put real cash into CR's but they get freebies to go along with any placements that usually allow them to break-even if things don't go their way, a fail-safe that retailers are not exposed to.
I suspect people like yourself also prefer the "devil you know than the devil you don't".
The ASX is littered with juniors and speccies where management always come out on top, be it through salaries, performance shares, administration expenses paid to a company they own, rent paid for offices they own etc etc etc, almost always at the expense of retailers. Then they dish out shares to a broker who will have their back at any resolution for election or performance rights.
The concerns about our relationship in Mali being affected are unjustified and a misleading way to retain power by the incumbents. Fear mongering is the best way to hold onto power.
Just as the change in the Mali Minister for Mines didn't affect our relationship, I don't see how a change on our end will negatively affect our relationship with Mali. To think that this is a major reason to keep both WW and HB on-board is totally misguided and undermines the impartiality of Mali's government - If true and it does affect our relationship, then the sovereign risk is
much much higher than BGS has let on....
You guessing what KJ will or won't do is also misguided - I could talk in hypothetical's too but I won't and will only make my comments should any of your misdirected assumptions come to fruition.
At the end of the day, WW and HB aren't able to argue on what they have done for the company (yes they have ridden the SP down and back up from eq. ~30c in 2013 to ~30c 2017) but more for what
may or may not happen should they be forced to leave - This in itself is almost a sole reason for them to vacate their position IMO.
I'm not saying ML and JMc will be perfect, but I believe they will be a sheet load better than the incumbents. Even with all the tweets ML throws around.
Times are changing and businesses and people need to change with them, including your ideals of what is and isn't "professional".
