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Re: [sharechat] RPI yes or no by macdunk


From: "tennyson@caverock.net.nz" <tennyson@caverock.net.nz>
Date: Fri, 14 May 2004 00:12:16 +1200


Hi Macdunk,
 
>
>Perhaps
>norgate Is the answer. WRI badly need a bit of down to earth 
common
>sense on the board remember this dog of the past how many left on 
the
>board that fear this move?.   
>                               cheers macdunk
>discl nil but will think It over If norgate succeeds
> 

Personally I'd like to see Norgate on the WRI board too.   There aren't 
enough people with coal face business experience on there for my 
liking.   It is a great shame the whole thing is getting adverserial.   
What was wrong with Norgate's original plan of taking 20% of the 
company and asking for a board seat?

Still much as I would like to see Norgate on the board, I won't be 
selling my own shares at under fair value to allow him to get there.

Nevertheless I reckon that Norgate outside the tree house is proving 
his worth by shaking the tree and keeping the incumbants honest.   I 
am sure that Noragte is reponsible for WRI shareholders getting the 3c 
extra bonus dividend that was announced.   I also notice that WRI 
chairman Jon Palmer carefully didn't mention what WRI are doing with 
their holding in Genesis research.    Sometimes just as much can be 
garnered from what is left out, rather than what is said.   Keep shaking 
that tree Craig.

SNOOPY



--
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on Pegasus Mail version 4.02
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