Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
If you get any replies to those questions on here they are pure guesses.
Bella - not sure this statement is correct “ Any vote by shareholders is 1 man 1 vote so a PI with 10 shares has just as much sway as an II with 10,000,000”
I think it’s 1 vote per share :
Standard ordinary shares, which are issued by the vast majority of new companies, carry one vote per share. Any shareholder who owns at least one ordinary share has the right to attend general meetings and vote on certain company decisions
The results have been exceptional throughout the trial but that still hasn’t stopped the decimation of the SP - who needs to shoulder the blame for that ? You can’t ignore the fact that major errors in judgment have been made and that can’t be ignored.
Don’t necessarily need to lose someone like AS but maybe a restructure is what’s called for. There’s no denying he’s made some very dubious calls as CEO but a a scientist he’s hard to fault.
A think a new, experienced CEO is essential.