Blog
-
PATHFINDER MINERALS PLC – REQUISITIONERS’ RESPONSE TO THE BOARD’S LETTER TO SHAREHOLDERS
Dear fellow shareholders Last Tuesday you will have received a formal document from the Board of Pathfinder Minerals Plc (‘Pathfinder’) calling a General Meeting (‘EGM’) of shareholders in response to the requisition that we first delivered on 20th March 2018. That document included an eight-page letter from the current directors explaining why they thought that […]
-
OPEN LETTER TO HENRY BELLINGHAM OF PATHFINDER MINERALS
OPEN LETTER TO HENRY BELLINGHAM Mr Bellingham You will note that I deign to refer to you with your establishment prefix of “Sir”. From where I come from the addressing of someone by “Sir” implies respect for that party and respect in my book is earned, not given as an entitlement. Firstly, let me say […]
-
PATHFINDER MINERALS – COMMUNICATION TO SHAREHOLDERS
In an e-mail that we received yesterday from Pathfinder’s Board, they confirmed that ‘having taken external legal counsel’s advice’ it was concluded that our requisition of a shareholders’ general meeting was ‘not validly served’ until it was sent to the e-mail address ‘info@pathfinderminerals.com’. The Board referred us to the sections and schedules of the Companies […]
-
Zenith Energy – the darkest hour is before dawn
By Dr Michael Green There was good news for shareholders in Zenith Energy contained within the latest operational update this morning which included the unveiling of record oil production revenue from the vast onshore Muradhkhanli Block in Azerbaijan. This announcement also brought investors up to speed with the Electrical Submersible Pump (ESP) upgrade programme, the […]
-
Prairie Mining – comment re legal proceedings in Poland
In recent weeks shares in Prairie Mining have been experiencing a bit of a rough ride on concerns about licence issues for their key coal asset in Poland. When we initiated coverage on Prairie in September 2017 we did point out that the company was a potential world-class hard coking coal supplier with two low […]