Is it possible that Clement Ko of Pacific Minerals the second largest GRR shareholder with 95 million shares objects to this property development? http://www.pminerals.com/aboutus.html
On the 29th Mar 2018 the announcement stated that Pacific International as of the 24th Jan 2018 was no longer an associate with Shagang.
It would've taken a significant event to cause the fallout, this may have been the reason.
https://www.asx.com.au/asxpdf/20180329/pdf/43svfxdq38qgk6.pdf
It will be interesting to see if Pacific International votes against the resolutions. I 've been trying to find out Clement Ko's email contact details, without success so far, it would be interesting to hear his thoughts.
Ann: GRR - Quarterly Report for 3 months ended 31 March 2018, page-49
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