RE: GM13 Mar 2021 17:23
''JUST A WEEKEND THOUGHT''
General Meeting on Wednesday 24 March 2021. The business of the General Meeting will be to consider and, if thought fit, to pass a special resolution to empower the directors to disapply the pre-emption rights in respect of those shares that were authorised for issue by Shareholders at the Annual General Meeting of the Company held on 28 January 2021 ("the AGM").
does anyone knows what shares issue did we Authorise at the AGM PC is talking about??
and why he would need our help to disapply the pre-emption rights to issue them??
I don't mind voting for them this time
but if it's to give him authority to issue shares and warrant to every tom dik and harry
with no oversight, and below Market price, then I don't think anyone would vote for that'' AGAIN
unless it's for an already producing acquisition, that we don't have to spend months and years
proving up'' LOL!!
we really do need a proper Q&A from PC before GM so we as investors can get some idea
of when he is going to start producing some of these asset in the ground, and how much
funding we are going to need to make it happen, through JV ALT finance or the Market,
just to start a clean slate with his investors for 2021 and draw a line under the past..
with everything out in the open, now that we are doing well again and stable..
big voting rights investors just need some reassurance of his intention and where he see us by year end
to sweeten the vote IMO,
anyway just want PC to keep those drill result coming regular for now''
like other CO in our Copper gold and Silver sector, and a higher SP Would mean less shares to issue
if needed, and stop fretting over pre-emption rights,
it would be better for him the CO and his shareholders, and a better bargain point
to get funding in the future, Issueing shares at these levels, if that's what's on his mind
and why he is in such a hurry, to get this vote pass, been just over a month since it's been voted down,
he need to look into why big shareholders vote that resolution down JAN 28TH
and fix it before bringing back the vote surly??
ST'' POTT'' any idea on this subject?
308..