BoD engagement, news restrictions, and patience...8 May 2025 13:34
Several of us have had excellent email and voice conversations with the BoD. All have been reassured that they are not drawing salaries and remuneration is performance related. They also provided credible explanations in relation to the warrants, assurances res loss of capital etc., which other have shared. IMO, this level of BoD engagement with PIs is not typical.
In relation to questions on here regarding further news announcements: they confirmed that there are no restrictions on news flow prior to the 28th as a result of calling the GM. For avoidance of doubt (and so this is not seen as ramping / de-ramping), I did not ask and they did not say whether any will / will not be forthcoming, just that there are no restrictions.
Easy to say, not always easy to do - but patience is required while Richard and team work to build a long-term business. DYOR. Not advice. GLA.