Oliver Hasler, executive chairman of PYX Resources, presents 1H24 Results. Watch the interview here.
Agree every shareholder has the right and some say obligation to vote at General Meetings.
However, 9 shareholders hold 52.8% of all shares (Annual Report). The rest, the multitude, hold the balance of 47.2%.
Whilst exercising our right in actual fact it makes no difference when 9 shareholders exercise their right to vote.
9, 11 & 12 I guess were mainly down to the 9! Also look at the % of shareholders who voted!
Just my view. E&OE
Trust in the Board & CB!
Silberstein hands in pockets both here and GLR (FD in both)!
Ford hands in pockets!
Thygesen hands in pockets, non ex elsewhere in other CB companies!
Wonder why they have not "invested" in XTR? Lack of trust or just poorly paid by CB or they know something we don't?
No they haven't because every shareholder has the right to speak their mind whether you agree or not.
Perhaps if the "board" invested some of their pennies now the company is "onwards and upwards" they will benefit from the "value being created" that would give everyone a bit more confidence!
Didn't attend the agm.
However, if you have a quick look over on XTR, following their AGM, you will note some views re "over eggging the pudding".
Seems we may not be alone!
CB is also apparently looking for "blue sky projects" so we are probably not that high on his priority list.
Really is a shame he seems incapable of concentrating on any one project for more than an hour or a day.
The wait goes on, and on and on and on ad infinitum!
I find this totally bizarre!
If XTR was CB's only company, maybe; but it isn't.
Ignore TIR (investment company, doing well, NOT!) and all the other directorships except;
AFP, multiple projects
BZT, multiple projects
GLR, multiple projects
KEN, mutiple projects
XTR, multiple projects
he is playing.
Gets bored with one project within one company so goes off to find a new toy to play with, bizarre!
What I would like to see is a level of concentration lasting more than a few hours or days resulting in delivery, something missing to date!
Within the Financial report of another of CB’s companies, he lists 15 “other” directorships. Just how much time does OSV think CB actually spends on not just the other companies but the many projects within each of those companies. At best, CB and his board, are “part timers” but paid handsomely into the bargain.