Board Requisitioned, page-5

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16/01/15

15:49

Post #: 14595869
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Originally posted by Waterslide ↑

thank God someone is doing something about this board , they have done nothing to improve the share price since being in control. They received the compo claim back in August and now it's January and no new projects I was reading there last qrt statement and they paid themselves $265,000 out of the $498,000 ,in my opinion they are looking after there own interest what about the shareholders .That Md Lloyd jones I feel in my own opinion is over paid and he has not delivered anything of value.A new board fresh eyes is what this company needs ...a new beginning,I will be voting for the new directors, I also find it very intriguing that the new board member Connell was appointed two days before the 249d announcement I found that strange and then bang another 249d. Bring on the meeting, this company needs a fresh start.while I'm standing on my soap box ,also in there last qrt statement they said the directors will not seek out green fields projects but correct me If im wrong but they where offered an operating mine recently but they didn't seek that either and said no ,so what do they want?in my own opinion they have no idea what they want and hence the poor performing share price.

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Yes, at the current burn rate the sitting Directors can potentially significantly reduce the capital of the Company before the meeting.
Time for fresh blood, and in a hurry!

NTM Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
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Board Requisitioned, page-5

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