AGM questionsCheers to those making the trip to AGM. Protect our rights and ask the hard questions!
We need to know things like
1. HOW are they increasing SH value by giving away our main asset for a pittance?
2. What has Suresh done to earn a half million dollar salary and as much in bonuses. Other than FEC, who has he talked to, what banks has he approached, where has he traveled other than compamy paid trips to Guyana?!
3. Where is the promotion of our major asset. Why is there no coverage other than local hack jobs in the hottest basin in the world where we likely have 500 million barrels?
4. How is the company going to negotiate a good deal for our asset when they have no money living hand to mouth feeding off FEC's hind teat?
5. Where is the corporate governance that allows certain board members placed by FEC act as "independent" arbiters of decisions?
Oh so many more but you get my gist. Whatever info you can squeeze out of these guys will be appreciated and let them know we will not be sucked dry any longer. I know may letters and emails have been sent to multiple recipients and i believe they have had some effect. Great job those who did.