CAP 2.27% 4.3¢ carpentaria resources ltd

accesing hawsons through a silver gate., page-38

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    Ed/Buster,

    We know ASI/Silvergate is hoping to appoint two nominee directors and remove two exist directors. I don't know, but I assume that ASI/Silvergate are hopeful of being able to acquire BMG's 40% of Hawsons.

    Therefore, whilst my scenario was hypothethical, I do not see it as highly hypothetical unless you have little confidence of succeeding on either of those two matters.

    Put aside the probabilities of that ocurring and assume that ASI/Silvergate had two of CAP's five board positions and acquired BMG's interest in Hawsons.

    If ASI/Silvergate are successful on those two matters, but exclude themselves from every significant decision regarding Hawsons, then how does having three board members to make decisions leave CAP in a better position than having five directors all able to vote without any conflict?
 
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