RE: Anyone Brave enough.....3 May 2018 08:36
Trouble is, the expected decision as to whether or not Eclipse proceed with a Farm Out is July/August well after the AGM. We do need a plan and someone to front our concerns and it would appear to me Drewky is that person, if he would accept. If I was Chairman it would be nothing other than sensible that if the Farm Out fails to materialise and KN1 income is dwindling, the company's outgoing costs must be reduced, but will the BOD agree ? ?
Therefore, could we get the BOD at the AGM to accept that in the light of no Farm Out, no KNI income, an EGM is called ?
I would have cause to worry if the BOD reject something on these lines.