S.249D are cumbersome if you require a whole lot of retail holders. The company has the advantage and funds to ensure every "i" is dotted and "t" is crossed in order not to void the request.
And then you have the meeting and you will be required to put up a valid alternative board member.
Do you have an alternative board member to nominate?
The thing is if there was a large holder, say Wingfield, who was dissatisfied with the board, then changes would have happened.
BTW, the board and management team are highlighted in every presentation. It doesn't mean they are all headed to RSA for a junket. That said, 3 of the board are based in RSA. Do you think it is over the top if the 2 other board members head over for the biggest mining event on the RSA Calendar? I don't as it is the nature of investing in ASX small caps.
Chairman (Director) on a 6 months Performance Plan/Notice due to an inability to start mining, page-7
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Mkt cap ! $32.99M | |||
| Open | High | Low | Value | Volume |
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| 1.4¢ | 4030472 | 5 |
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| Last trade - 11.23am 05/06/2024 (20 minute delay) ? |
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Change
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| Open | High | Low | Volume | ||
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| Last updated 12.47pm 05/06/2024 ? | |||||
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