Member Info for Stuiegee

I'd second the motion.
What did you put in to find it? I searched a couple of places but only found non relevant information

That's a quick calculation. About to drive again so not 100% sure

This was the thread

Members' power to require directors to call general meetings (sec303 - sec304)
The directors must call a general meeting if so requested by the holders of 5% of the voting shares (or 5% of the voting rights if there are no shares). (The figure was reduced from 10% to 5% by the Companies (Shareholders' Rights) Regulations 2009 (S.I. 2009/1632), reg. 4(2).

Has anyone been able to look at tabling a resolution at the General meeting? For example, to change the current requirement for a 10% share holding to requisition a meeting to 5%?

Not necessarily removal, maybe a change to the articles of association.

I could be wrong, I don't have the time to research it at this moment. But I think shareholders can table resolutions at AGM's and GM's without requiring a 10% shareholder party.
Anyone able to see if I'm right?

purchase of a second loader to load the pre-screen plant and coal delivery trucks. This has been purchased and is now operating at site. This is allowing feed of the plant and loading of customers trucks to take place in parallel, resulting in a more efficient operation of the plant and stockpile area.

It's not primarily a feeder truck.

The Management estimate that just having this second loader operational will increase production of washed tonnes by approximately 400 tonnes per month without taking the pre-screen unit, currently being installed, into account. When the pre-screen unit is switched on the second loader will also be utilised for loading of Run of Mine ("ROM") coal;

As I said, the screen has a maximum throughput per hour, so when it's not loading sales trucks it will be feeding the stockpiling area.

But I do stand corrected, immediately after this paragraph there was a section on the second pit.

Possibly not, you're talking about finished product and even if they had 10 loaders the screen and wash has a max throughput. They state that is without the second piece of equipment, so once that's installed it the loader will be more efficient.
The RNS was reasonable, I've skim read it so far, I'll look at it more in depth soon, first thought is that it has not included any update on pit 2, doesn't answer how LIND will be repaid and hasn't answered why target production hasn't been met. If I'm wrong that's fair enough, as I said I've skim read it. If it is the case why leave it out from what could have been exactly what shareholders have wanted. I have my reservations as to how long it will be before the next RNS

If someone kicks you, apologises for it but carries on doing it, do you think their apology is sincere?

Plenty of people not happy, but only a few willing to try and do something about it. I'm signing out until more momentum builds, it's now just a waiting game

There have been plenty of people who have emailed the board in recent weeks, myself included and they have not replied. Why would emailing them again be any different?

And it's only going to go lower because people are allowing this lack of communication to continue. From memory this has been going on since the first mining license approval. It's time it stopped, everyone seems to be waiting for a giant RNS like that's going to change or even undo the last 2 years. Why would anyone invest knowing the history?

What do fence sitters really have to lose at this point?

At what point are people going to stand up and try and turn this around?

Might be time to reach out to some of the share pundits. Also, Twitter might catch the attention of those holding the warrants that have/are about to expire

My EGM suggested additional resolutions.
- Future remuneration packages for board to be voted for by the shareholders
- Hiring of new COO
- Hiring of a NED to be in charge of sales

That's standard. What they're saying is, is the outcome is not in the boards control

Merlin mate, I remember your posts and we are all here for the long run. We are mainly hacked off because vital information is not being shared with us (see my last post).
The board for a long time have been communicative (or at least that's my experience of Jeff) however, each time we have asked for better communication and it doesn't come.

The deadline was 1030hrs. The board has had 2.5hrs to get something out