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30-09-2021, 09:42 AM
#7841
Member
Originally Posted by Brain
....... . I think I recall Hill saying that it will take a further $12M or so to bring the mine to production....
Was that from yesterday's AGM?
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30-09-2021, 10:00 AM
#7842
I note Kelly Wyse LinkedIn profile is yet to be updated...
Director
Company NameNew Talisman Gold Mines Ltd
Dates EmployedSep 2021 – Present
Employment Duration1 mo
LocationNew Zealand
https://www.linkedin.com/in/kelly-wy...alSubdomain=au
As an accountant myself, she just never stacked up having only moved from being AR manager to an accountants role 7 years ago - just a baby.
Last edited by Landyman; 30-09-2021 at 10:02 AM.
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30-09-2021, 10:44 AM
#7843
Originally Posted by dubya
Was that from yesterday's AGM?
Yes it was
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30-09-2021, 12:12 PM
#7844
Member
Originally Posted by Landyman
Have to admit, I finally tempted to dip my toe back in, but will wait for the fall-out of meeting
I'll admit to dipping into some of my rights last night & spent some $11 odd dollars to bring my shareholding up to a level that it will end with four zeros. That makes the likelihood of losing any shares post consolidation due to rounding less likely. Big brain stuff right there. lol
I'm not fusses whether my 5715 new shares will gain the additional loyalty shares in the future.
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30-09-2021, 12:30 PM
#7845
Member
This is the press release sent out yesterday by the NZSA. (my highlight in red )
SHAREHOLDER ACTIVISM MAKES A DIFFERENCE AT NEW TALISMAN GOLD MINES
September29th 2021
The NZ Shareholders Association (NZSA) is satisfied with the outcome of today’s shareholder votes in relation to New Talisman Gold Mines (NZX: NTL).
NZSA has supported retail shareholders to ensure that their concerns are heard by the NTL Board and to advocate for governance improvement – as we do for any listed company.
For New Talisman Gold Mines, NZSA supported the election of John Upperton, a concerned shareholder of NTL, to the Board, as well as opposing recent board appointee Kelly Wyse.
Additionally, two non-binding resolutions were tabled at the meeting calling for the immediate resignation from the Board of both the current Chair, Charbel Nader and Matthew Hill, who is also the CEO of the company. NZSA voted in favour of these resolutions.
The vote of shareholders at todays meeting supported the positions adopted by NZSA with regard to the resolutions.
“The outcome of today’s vote at New Talisman Gold Mines shows that the voices of retail investors remaining important for any listed entity, and that concerns raised by shareholders should carry weight with New Zealand’s corporate leadership”, says Oliver Mander, NZSA Chief Executive. “We’re looking forward to a change in approach by NTL, in terms of both its current strategy and its relationship with shareholders”.
“While the results of the resolutions calling for the removal of Charbel Nader and Matthew Hill from the Board are non-binding, NZSA would ask both individuals to consider the wishes of shareholders.”
To support shareholder advocacy, NZSA offers a free proxy service that allows retail shareholder votes to be counted. Contact teresa@nzshareholders.co.nz for further information on this service and the registration process.
ENDS
About NZ Shareholders Association
Since its formation in2001, the NZSA mission is to represent, promote and protect the interests of investors in shares and other investment products. We aim to promote and encourage an active, efficient, fair and transparent market for raising capital, trading shares and other investment products.
For further information or comment, please contact Oliver Mander (CEO) on 021 190-5343 or at ceo@nzshareholders.co.nz.
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30-09-2021, 12:39 PM
#7846
Member
Bluemanarc. That post of yours this morning on another forum was excellent and imo "right on the money".
You might want to copy it over to this thread?
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30-09-2021, 12:55 PM
#7847
Junior Member
Anybody got Tony Beets number? Seriously though yesterday is an overdue good development good work all! Although some Tony Beets work ethic will be required next month(s) or after all the tinkering around on the sidelines finally can get a into g
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30-09-2021, 01:04 PM
#7848
Member
Last edited by dubya; 30-09-2021 at 01:06 PM.
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30-09-2021, 02:24 PM
#7849
Originally Posted by dubya
Haha I had no idea who Tony Beets was so just googled him.
He wouldn't be able to get into NZ anyway with the MIQ lottery debacle, but that's no real problem.... it's evidently quite possible to run a gold mining operation when you're residing in another country......just ask Nader and Hill
Yes but clearly you can't run it very well,just ask the shareholders who voted yesterday for the resignation of Nader and Hill
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30-09-2021, 04:37 PM
#7850
At the AGM was there any talk of the upcoming FMA v Hill case? Im guessing its not really NTL as such, as its against Hill himself
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