Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Good afternoon all
Don't forgewt the following which has been lifted rom the 26th March RNS
"Nevertheless, with the current market turmoil, especially in the oil and gas sector, we have been presented with additional and potentially attractive transactions. Following the initial desktop assessment, we are now actively pursuing projects that meet our strategic intent, "
Fingers crossed and GLA
Hello Gents
The idea of the board changes are not new.
If you can sapre 5 mins to read the Corporate Responsibility page on the EUA website they set out that they are actively seeking a mining engineering expert, they also go on to say that the role currently being fulfilled by CS is temporary and will change (combined chair and chief exec). This extra appointment was mentioned after the appointment of JN when the document was updated in Dec 19. The last RNS mentios them wanting to update the Corporate Responsibility further.
I (personally) wouldn't have thought DS would move on if it wasn't of his choice and would not be surprised to see a candidate fro CEO being appointed.
Good Morning RNSman
" There is a very fine line between acting as a NOMAD and a Broker at the same time which is what many do. "
With the above in mind do you see any chance that either Optive Securities or First Equity Ltd stepping up to fulfill the NOMAD role. After all the relationship is already there to some extent.
I am only guessing here Pompey but in the normal way of things you get the chance of a proxy vote if you are unable to attend a meeting so if nothing else they could probably just restrict it to proxy or some sort of e vote.
Just my opinion......
Hi PIface
If you look at the Corporate Responsibility page on the company website point 6 contains "it is recognised that a further appointment would benefit the board in having a greater breadth of experience, particularly with respect to mining, and mine engineering. In this light a further appointment is currently being actively pursued." Then point 7 goes on to include "as the Company transitions from an exploration Company to a mining Company." and point 9 includes "Currently the role of chairman is shared with that of chief executive director. This situation is regarded as temporary. The Company is committed to splitting these roles going forward."
So they have had plans to alter htings for a while it would appear. JN is also named in the article so they were looking for someone some time after appointing him.
Exciting times ahead!