I'm adding number 5 to my list of things I'd like to see in the...

I'm adding number 5 to my list of things I'd like to see in the quarterly update:

5. An update on management changes and board appointments

The following quote is from Mark Stewart's letter dated 14 January 2019 regarding the EGM:

"In addition, we have been reviewing and making some changes to the management structure of the Company to ensurethat we can deliver on our objectives for 2019 and beyond. We have made it clear that we intend to appoint a fourthindependent director with a strong market profile and technical and project delivery skills. We have identified suitablecandidates who have indicated their willingness to join the Board once the EGM issue has been resolved."

The following quote is from Chris Giles' letter dated 14 January 2019 regarding the EGM:

"A number of changes are being made to the Board and management that I believe will address theconcerns that shareholders have raised."

Therefore, I'd like to know what changes are being made from a management perspective.  I hoping that this is not just a series of promotions and it might include some reduced responsibilities for some people.  They don't need to say someone got demoted, but just tell us that some one has taken over responsibilities for X role.  For example, by appointing a new company secretary we can read between the lines and know that Walter is no longer responsible.

Management changes don't take money to implement.  They don't need to consent and coordination of anyone outside the organisation.  therefore, there is no reason for delay in implementing this.  And hopefully they will even be done in a way that could result in some reduced wages.  For example, if your role used to include company secretary responsibilities and you no longer have that responsibility, should their be a reduction in the remuneration for that position?

With respect to a new board appointment, Mark Stewart has said that their are suitable candidates willing to join post EGM.  Therefore, what progress is there on this front?  Mark Stewart needs to tread carefully here as it will reflect on his credibility.  He needs to appoint someone within a reasonable period to confirm his statement.  However, if those willing were wanting a different EGM outcome and no longer wish to join, then he can't just appoint any one.  It needs to be someone genuinely credible.  I think they did this with the company secretary role and hope they can do the same with the board position, I just don't have a lot of faith at this point.