Ann: TOV:Auris Minerals Ltd Panel Declines to Conduct Proceedings, page-5

I don't know if it was a desperate act in that Mr F looked like losing so give this a crack, but you might be correct. However, it certainly had the effect of further alienating Frazer, Martin, Newton, Castledine and the others. They would now be more determined than ever to oust the 2 women from the Board, but if successful, they would have still have to deal with Mr Fotios.

You mention 'independent'. Susan Vearncombe is independent. The other 2 are not of course. They represent the warring parties, with Mr Martin joining his supporters in the battle of course.

I think that all 3 incumbent Directors should depart. I also think that the 2 nominees of the protagonists should not be appointed because they seem to be close associates of Frazer and crew. I would like to see 3 Directors who have no history of close association with any of the warring parties or their close supporters, whether they be shareholders or not shareholders. However, in order to achieve that end, the fighters would need to give them the TU and also agree not to unduly interfere.

Now, is that scenario an impossibility? No, but at this stage the odds would be Prince of Penzance odds when he won the Mel Cup.

I wonder what @naggingnan thinks of all of this!