Ann: Chairman's Address - AGM, page-24

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23/01/17

19:59

Post #: 22087100
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Originally posted by DABRU ↑

jdmonte
I feel very disappointed with these directors.
Has been over a year and still nothing concrete organised.
I couldn't believe we'd sign up to a JV deal in Fiji, before we had purchased the five high quality farms sorted and paid for first in Victoria and NSW.
I personally wouldn't want to be involved in dairy in Fiji after talking with family members an a couple of other people in NZ who have been farmers or involved in the industry
That I thought, was the main reason behind the company existing (purchasing the 5 farms) from 2015. ( I may not be totally right with my times)
Nothing from the company since the company name change, on the 18th Nov '16.
It would be nice to let the shareholders know what's happening, or have we come to a dead end??
May be if we had some top class directors, possibly with agricultural degrees, especially aliened with Dairy, we might have a bit more luck.
There's still money out there from what I can gather, but investors need to feel safe with the people they're dealing with. Whether that is an issue I don't know, as I'm not privy to any discussions.
Something needs to happen , as so far investors would appear to be shying away ....Why??
I've put significant money into this company (buying on market) and I'm looking for some honest answers.
I liked the idea of the 5 farms.
I'm not trying to be smart, but just trying to find out where my investment is heading.

Regards
Dabru

IMO

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I don't think they will bring in new directors? It would spoil the party! Maybe via an RTO?

Sooner or later another "landau"/ICBC capital type character/company will come along and help offer up another really, really ambitious deal!

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Ann: Chairman's Address - AGM, page-24

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