I suspect one of the most important paragraphs in the news release was this one: "The company is without a clear corporate strategy and direction and rapidly running out of resources. Further delay will be extremely prejudicial to shareholder value and place the company in a precarious and risky position from a financial and business perspective. It is time for new direction and new leadership. The board nominees proposed by the concerned shareholders provide an excellent combination of mining and resources expertise, public company corporate governance experience and, most of all, demonstrated success."
It was obvious at the last AGM there was no clear corporate strategy. Important shareholder questions were denied. Some questions were answered in a manner best described as baffling. Fluffy believes it is time for some new members on the Board of Directors. Cheers, Fluffy the Cat