Don't forget the following statement of MMGA, if they get a majority on the Board:I think it's a case of us vs them, I can't really see a middle-ground. I mean that if MMGA have the numbers to get their 3 resolutions passed, then those numbers would vote against everything else including voting in of other directors and re-elections which would keep them at the 3:2. Whereas if we have the numbers to vote those three down, it won't really matter whether there's 5, 7 or 9 directors as current board members would have the majority.
We are calling for the immediate resignation of the Board of Directors of $AVZ Minerals and $AVZ Minerals CEO Nigel Ferguson and appointment of MMGA Nominated Directors.
That is exactly what they are trying to achieve, full control of the company.
At this moment with a BoD of 7, there are 4 Independent members on the Board.
1) Chair: DR. J. Clarke Independent
2) Rhett Brans Independent
3) Dr Casta Tungaraza Independent
4) HE Salome Sijaona Independent