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$6.13 orocobre limited

I agree with john Mullen's idea .

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09/11/18

12:57

Post #: 36447860
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Originally posted by triage: ↑

For any Orocobre shareholder who is yet to vote on the upcoming AGM resolutions - the meeting is set for 23 Nov 18 - here is a good article from the ABC.

https://www.abc.net.au/news/2018-11-09/company-boards-are-still-missing-the-point-on-generous-exec-pay/10477536

The fact is that, not withstanding market conditions and Orocobre's peers' market performance, Orocobre's board and management have put in an absolute shocker of a performance in the last year. Not only have they failed to meet numerous milestones and performance levels that they themselves set but they appear to have "gilded the lily" (to put it diplomatically) in reporting on these failures. Pinching the analogy from that article in my view they have failed to clear pretty much every hurdle and are still not over the finish line (FID's, FID's, FID's). I think it would be a travesty were the remuneration report resolution and the employees performance rights and options plan resolution to receive overwhelming support and I urge ORE shareholders to vote against those two resolutions.

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I agree with john Mullen's idea .

ORE Price at posting: $4.46 Sentiment: Hold Disclosure: Held
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