Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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So, as predicted, we now own 27% GCM at a time when sentiment worldwide against the use of fossil fuels could not be higher. Interested to note, however, that a statement about the adjourned AGM will be made 'soon'.
Apparently elections only count if the Datuk wins. If he loses, he just stays on and continues to milk the company. Welcome to Democratic Republic of the Congo!
Still no news re AGM. Amazing. GCM RNS today, Polo lending them more money to stay afloat. Can elect to be repaid in GCM shares at small discount to current SP. GCM AGM postponed: no reason given. Any views?
No doubt the lawyers are being well paid to check the voting authorities
Out I say! Throw the Datuk out, distribute the cash and shares of Hibiscus and liquidate the rest of the garbage in the portfolio.
Any news on Tang. Hope he has gone. He’s a total nightmare.
Still counting the votes?
Interesting that Tang not re-elected on the first vote. No doubt there will now be scrutiny of the proxy votes to see if there are irregularities in their submission, eg checking signatures, the countersigning of a company seal etc
Was anyone there from this board?
Lets liquidate
Throw the bums out. The Datuk didn't get the votes.
Re-election of Tang not passed yet. Other resolutions passed.
Polo Resources Limited (AIM: POL), the multi-sector investment company with interests in oil, gold, coal, copper, phosphate, lithium, iron and vanadium, announces that at its Annual General Meeting ("AGM"), held earlier today, resolutions one and two were duly passed by poll.
The meeting was then adjourned by the Chairman, in line with the Articles of Association of the Company, to enable a review of the eligibility of certain shareholders' rights to exercise their vote and to obtain certain clarifications that were not immediately available. As a result, resolution three was deferred following the adjournment of the meeting.
When is AGM? BoD need to sell assets now and give money back. Total waste of time.
Anyone in the Malaysian/Singapore area intending to go to the AGM ?
Would Phronimus be prepared to attend as proxy?
Tough questions should be asked of the Board