AGM questionsQuestions I sent in, I'm sure there are more, this is a quick list:
As requested:
1. Why didn’t Suresh exercise his options before they expired May 2022? It would have given confidence to existing shareholders.
2. When will the port open its first phase?
3. In light of De Albas past with fiduciary lawsuits at Catalyst Capital, how can minority shareholders be assured he has our best interest? He’s walking a fine line with his hands in many pots.
4. What exemption within the 61-101 did FEC exercise that states no formal evaluation is necessary? To that point, how can Corentyne interest be sold when nobody really knows what Kawa held or whether it was commercial?
5. What is CGX’s plan if Wei-1 goes over budget similar to Kawa? More dilution?
6. At what point is the corporate veil pierced where the parent company exercises significant control over a subsidiary? Prior case law suggests 75%, thoughts?
7. What kind of deals were on the table to farm down in the Corentyne block? Why was Frontera’s selected?
That should be all for now. Thanks.