GCY 1.82% 54.0¢ gascoyne resources limited

Ann: Trading Halt, page-8

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  1. J G
    174 Posts.
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    Based on the sentiment towards management and the board, in particular these last 6 months. I would say the majority of shareholders will welcome some significant changes.


    I think there is a decent chance that Mike Dunbar will be replaced as MD and possibly slotted into another background role. I don't see why else there would be a TH re board changes as the major shareholders have already stepped down. I don't think Mike has shown competence in this phase of the company growth. I think a major change like this, providing his replacement has relative GOLD production experience, will be very positive for GCY long term. 

    I don't think we have anything to lose by shaking up the board.

 
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