RE: Get Voting !!!21 Jun 2021 14:32
Dear Mr Moody,
Further to our previous email exchange I guess nothing has changed much: long term Shareholders continue to sit on huge losses and the prospect of Rockhopper actually realising any value seems as far away as ever.
In the meantime you and your Board colleagues continue to extract as much cash and attractive share options as you can with such platitudes as closing the expensive London office for a cheaper one close to your home. Surely a material reduction in remuneration would have been appropriate in these dire times for "our" company.
It remains a mystery to many shareholders as to what you must do all day given the apparent stalemate in all aspects of our "operations" and the fact that we now have no producing assets. We are in the hands of OM related lawyers and Harbour in respect of the FI. You have been happy to say this is the case and there is nothing we can do but wait...we are in essence dormant and yet you continue to pay yourself hundreds of thousands per year?! Perhaps you would care to outline a typical day or week in the Salisbury office?
And finally, the AGM is almost upon us and while the rest of the world embraces online solutions the Rockhopper Board prefers to use COVID as an opportunity/excuse to once again avoid any and all shareholder scrutiny and focus on trying to limit any contact with us.
I assume Salisbury is able to access the internet and I can happily recommend a few companies which you may have heard of such as Microsoft, Google, Cisco, Zoom...all of whom have passable online meeting options which you could easily have set-up to provide an iota of transparency to the very people that continue to finance your lavish salaries.
Is that really too much to ask? Warren Buffet suggests that the stock market transfers money from the impatient to the patient...in the case of Rockhopper for many years now it has been rather simpler; a transfer of shareholders money to you and your fellow Board members.
Yours
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