AEJ 0.00% $8.00 redbank energy limited

I Have received the letter from Matthew Bartley.i am not...

  1. LZA
    1,855 Posts.
    I Have received the letter from Matthew Bartley.

    i am not impressed that the 2 coastal directors do not attend meetings but are getting paid! talk about stabbing yourself in the foot!

    Apart from that i think Butler is doing a great job and the task is fairly simple - keep paying the interest and pay down debt.

    Hence LESS directors would be saving us money - its pretty simple, just minimize costs.

    i think that as long as they maintain reasonable cash flow it should be possible to refinance and do a capital raising to put the show on a sustainable footing. Not rocket science and the hard yards have been done already. Lets hope for smooth sailing..........
 
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