Mr_Tones83
Regular
Yes, a big shareholding helps to align them with the interests of the company to a certain degree, but that doesn't mean they will necessarily help the company achieve a mining license, progress finance and build a mine in the DRC.Don't assume that the nominees don't have more shares in other accounts, such as super funds or in the name of other family members. I know at least two of those Deboss has chosen to dismiss have a lot more shares in total across various accounts other than the single holding listed in the AGM papers
The reason they have not been endorsed by the company is that they won't necessarily help the board make critical decisions (in fact they could potentially get in the way).
Yes, they may be better than MMGA, but that doesn't mean they are required on the board. (And yes, I understand the risk of having the 2 positions open when it comes to MMGA, just my 2 cents)