Hey Debit, Trying to find a few pieces to the puzzle myself, and...

Hey Debit,

Trying to find a few pieces to the puzzle myself, and here is what i came up with so far.

1)
The Directors actually planned to walk before the AGM. Possibly they saw the proxy count and knew their remuneration would not be granted.
2)
The fact that they withdrew Resolution 2,3,4 and 6 before a vote was counted is weird and they clearly did this in-spite of Resolution 1 + 5 rejected or embarrassed by the pending boning these directors were about to receive.
3)
There is a meeting on December 16 to go through the new board etc.
4)
Possibly the $8m placement might still go through, which could appear to be a part placement to shareholders and Sphops (Jinderalee resources.??!)
5)
A possible tie up of JRL and ALY i.e a friendly merger . I reckon that is a real possibility and IMO the most favorable.

A lot of unknowns and once they re out in the open then i will make a more informed decision.

Looking back at Michael Harrington and him leaving, it may of been the board that have been totally incompetent all along.

Good luck shareholders, i hope something special happens for ALY.