Ok. Muaddib, I don't know what the voting options will be until I see the actual proposals from AB, including the details. Nobody does. By the sounds of it, any voting will be to do with a share reorganisation/consolidation, if that is even still on the agenda. It may well not be now we have secured this million pounds. Who knows? All I was saying earlier was, if we shareholders have to vote on something which could affect our shareholding status, whatever it is, then each of us should use our vote.
We don't have to agree with anything derisory. We've also just got a million pounds back. AB has done the right thing in my opinion, under the circumstances. The Company is afloat and we have enough cash to get us into production. That option is the only one we should be concerned with and it can now be fulfilled. Getting our house in order and detailing the write-down will also give us a clean, uncomplicated slate for any potential suitors who may be interested in a buyout. Zinc is becoming scarce as you are aware. We have a definite lifeline, with a lower cash burn rate, plus no immediate debt. Call me naive, but the picture is looking brighter than it was three months ago, in my opinion. If you think otherwise, then fair enough.
Sounds good to me. I personally feel AB has made an excellent start, got things out into the open, recovered a million quid and avoided any court dramas. We now need to see his strategy for going forward and I'm trusting that he can build on the good work he's done so far. Still cautiously optimistic.
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