AGM notes from today15 Apr 2019 18:25
AGM was quiet today. I recon 5 attendees not linked to meeting. Meeting was over in 22 minutes. Board to stay for 10 mins but then leave due to a board meeting afterwards. Dave inferred the FO was well advanced and cannot see it not completing, but, until finalised nothing is for certain. He also made clear that 88e was high risk, high reward, noting the multiple raisings that had been made over recent years. No PI questions asked throughout meeting.
Michael said they were disappointed with Resolution 1 votes and would prep spill options at next AGM.
I felt things are looking good for shareholders over next 12 to 24 months, maybe sooner dependant on FO terms due soon. Cash position seems good for 2019. Happy holding for 24 month at present. All my opinion, not word for word quotes. Will buy more if funds allow before FO. J