RE: Buck Morrow I've had a look at the Avanza site and I can't see any threads where someone is organising voting. Ditto the Northland Facebook page, which has 600+ members. Those would be the places to start, I think, since the shares are held now by all the small shareholders - Avanza, Nordnet and one other Swedish online brokerage. But there needs to be a leader, a plan and an alternative board slate. The AGM is being held In Luxembourg mid-May. If the "financing solution" is a dliutive share issue then I think this would require existing shareholder approval. It would have under TSX rules, anyway. If it doesn't require shareholder approval, then it will be that group of new shareholders that will have control if the financing is done in sufficient time before the AGM.
Regarding the delayed financial statements - it is hard for me to imagine that the company will be able to provide audited financials anytime soon. Expenditures get capitalised on the balance sheet if the company can prove that the operations are profitable. Wouldn't this require an updated economic study? If the company can't prove the operations are profitable, then they need to write down the assets. So there are probably some heated discussions going on between the auditors and the management. And of course the company at this point is not "a going concern" (liquid for the next 12 months) which also complicates getting an audit opinion.
Anyway, I am not a shareholder at this point, I am just an interested party, so to speak. I think shareholders have been treated very badly, so that is why I am posting here.