AAR 3.90% 8.0¢ astral resources nl

we need management changes

  1. 488 Posts.
    Fellow AAR holders,

    The AAR fundamentals remain. However,
    I feel no sense of urgency in the AAR office.
    Are the directors simply nest sitting?

    Indeed, the last minute cut-and-paste job on
    the Q report was/is a scandal. It just shows a complete
    lack of respect for the shareholders. At the end of the day.. we own the company. The present leadership
    is simply not good enough. Half asleep at the wheel.
    As an example, we need clear timelines on all drilling activity. We need regular updates. When drilling commences.. again when completed. When data comes to hand etc. Where was the news about the new KPark geologist? Wake up! It is a great shame that traders like MDragon and Sido don't confront management, a bit of dribble on HC will not change anything. AAR is currently trading at 8.4c - it has turned into a very bad joke. Direct action is urgently required. The only way forward is to be pro-active if you care about this company and believe in the AAR story. In this context I urge every shareholder to contact management and demand urgent action: Tel: 08 9322 5811; Fax: 08 9322 5301. Email: [email protected]
    Good idea to put all your concerns in writing.
    When is the next AGM? If the directors are unable to lift their game, then we need changes to the board.
    Just imagine having Michael Kirnan at the helm -
    clear vision and strength. Hard worker as well - we need people of MR's caliber in charge. If the current directors are not up to the task at hand they will need to step aside. We need new blood on the board now!
    A dynamic team in charge. The PR side is a complete disgrace.

    We need a new website.
    Regular updates on boardroomradio.
    Shareholder updates and newsletters.
    Media ann etc.
    Broker presentations

    Get on with the job!

    The geological fundamentals are fine. Lots of potential upside: VD, KP, uranium project, a posssible big hit at Mandilla (it didn't happen to RMS overnight).. Nevertheless, we need dynamic competent
    people in charge of our hard earned cash.

    Cheers!

    DYOR - NL!
 
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