I think we should think seriously whether Richard Hine deserves to remain as Chairman and Director of CMY. The Chairman is supposed to steering the strategy of the company and generating value for the shareholders.
Over the past 4 years Richard Hine has done neither !!!
He has spent $5M to date and this is what has been done....
Porters Mount... he spent a large amount of money on drilling for good results and then gave it away to Flinders Exploration for $200K. Terrible decision.
Munderno/Milparinka.... he gave away 49% of these leases to AMWD for some drilling. Terrible decision.
Mayfield.... Monaro Mining didn't want this. Why did CMY buy in?
Chakola.... he has hardly done anything in 4 years...now they are on a tight deadline to get approval. Bad management!
Cowarra.... this is only appears to be moving forward because Commissioners Gold has management.
Cragie.... he seems more interested in rehabilitation than mining. Waste of money.
I will be voting NO for the re-election of Richard Hine as a Director.
Hank.
- Forums
- ASX - By Stock
- CMY
- voting at agm
voting at agm
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CMY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online