Two new fish heads appointed to the top table today !!
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Two new fish heads appointed to the top table today !!
New Talisman Gold Mines is pleased to announce the appointment of two new directors Ms Kelly Wyse and Mr Victor Rabone to the New Talisman Board.
Ms Wyse is a seasoned financial professional with strong commercial and operational background in financial management.
Mr Rabone is a Geotechnical Engineer with over 20 years of operational experience in all facets of mining.
Charbel Nader stated: “I am delighted to welcome these two new members to our board, they bring additional skills, diversity and fresh perspectives I am sure they will be important contributors to the company’s progress. It is also pleasing that the Board has been restored to full complement”
One can only assume our Jonu missed out on the basis of diversity.
Lets see how diverse the SP becomes.
So they have filled their Directorship quota void in advance of the AGM on 29 September. A cynic might interpret this as getting the table filled so that other potential new directors (Jonu) are thwarted, unless they can unseat an existing director. If there are spaces around the table, and nominations to fill them, would they not be obliged to take a serious look at taking them on board if their credentials stacked up. Two new 'fish heads at the top trough' appointments just two weeks out from the AGM smells a bit 'fishy' to me.
Glad I'm out of here apart from a few worthless options !
So we got the Import from Broken Hole Hobby Mining Shaft seconded in onboard
Lengthy experience Nader points to - but did that Broken Hole Hobby Mine go anywhere fast or NTL decided they liked the bits left over
after it got shut down & gates locked ? ;)
His coming onboard becomes sensible from the Chair's view with HILL potentially under a murky cloud which may
or may not lead to him being in danger of being thrown overboard - should FMA exact full punishment ;)
Does anyone see any real IMPROVEMENT in the Skills set onboard capable of actually seeing something to fruition
@ NTL or just more of the same - RINSE DILUTE REPEAT ? ;)
As for the Cap Raise - how many will call it simply another addition to the pile of paper for fire starters ? ;)
How many will actually believe that anything is actually achievable & swallow the
NTL pavlova offering believing it all (hook line & sinker) is going to happen ? ;)
Let's face it -- basically the same set of inhabitants ARE STILL sucking up large at the board table
as in the past and new entrants, if they stay around long enough will likely be shut down quick as
by the Chair & CEO (that is if the FMA's medicine isn't deployed in dealing to the CEO first)
That leaves Stakeholders in an unchanged position, potentially being presented with further demands for new Capital
to finance further future Dreams, achievable or otherwise, which the Company may or may not have resources to cover .. ;)
Ultimately, if not enough take up their CAP Raise - then will we see the Board seeking to flick off stakes to any Joe Bloggs
out there who rocks up with $5K $10K in desperation to suck in the desired amount of readies ? ;)
It has happened before on a number of occasions .. and the answer which would have soon become obvious to
existing stakeholders following each of these Cap Raise occasions was:
THE BOARD DOESN'T CARE ABOUT YOU
GIVE US ENOUGH TO RUN THE OFFICE, PAY DIRECTORS FEES & SALARIES FOR
MORE OF THE SAME - THEN GET BACK UNDER YOUR ROCK, SO NTL CAN IGNORE YOU AGAIN
YOU JUST GOT FURTHER BADLY DILUTED Down the River - Suck it up and Enjoy ;)
If you like - NTL's version of Under Arm bowling it's Long-suffering Stakeholders .. ;-)
The agreement to purchase Broken Hill required Mr Rabone to be appointed to the Board after the acquisition is finalised:
Under the terms of the agreement Victor Rabone, Director of Broken Hills is to be appointed to the board of New Talisman subject to standard nomination processes and upon completion of the acquisition. https://announcements.nzx.com/detail/366747
So I guess the standard nomination process is [?], and that the purchase has been completed.
I might be wrong but I believe these 2 will have to go up for re-election at the SGM so that shareholders can have their say. The theory being that directors serve the best interest of share holders a concept which is foreign to NTL.
Murray Stevens was re-elected last SGM