Post by JimmyRobby85 on Mar 4, 2014 18:25:02 GMT
attachments in two posts - please see second post for other letters
RIG Email correspondence with Buchanan-Rang....pdf (425.71 KB)
RIG to Buchanan - GM Resolutions - Trin upd....pdf (238.08 KB)
RIG to Buchanan - 27 02 14 1.0 Publish.pdf (166.14 KB)
Dear RIG members,
Please find attached RIG's correspondence with Range and Buchanan for the past week. The first attachment covers email interaction, with the other four attachments being:
1) RIG's letter of 26 February to Range/Buchanan seeking clarification on the General meeting resolutions.
2) RIG's letter of 27 February to Range/Buchanan expressing disappointment at Tim Thompson's emailed response.
3) RIG's letter of 3 March to Rory Scott Russell following a conversation with Tim Thompson on 28 February.
4) RIG’s letter of today to Rory Scott Russell following Tim Thompson’s email to RIG.
We think you will share in our disappointment that the company has chosen not to clarify the resolutions at the General Meeting on 14 March leaving many questions unanswered and PIs poorly informed when trying to vote on resolutions in the company they own. In the absence of clarification, we urge both RIG members and the wider private investor base to express your right to VOTE AT THE GENERAL MEETING. It generally only takes a couple of minutes.
The RIG Representatives do not advocate that you vote any particular way - each of you will have your own opinions - but encourage you to make your vote count - it is the only direct input you have in the determining the direction of the company. Even if you feel that the material provided by the company does not furnish you with sufficient information to make a logical choice we urge you to vote - even if only abstaining so as to demonstrate your engagement. We will forward the broker-by-broker voting instructions under separate cover to help you in casting your vote - many brokers require lengthy lead-times to register votes prior to the General Meeting so please don't delay.
With regard to future investor relations with the company, Buchanan has stated that it will not fulfil an investor relations function for private investors (only institutional investors). In the absence of any IR value from Buchanan, RIG will be addressing its investor relations queries directly to the company and encourages other PIs to do the same. To that end please find attached the email addresses for the relevant officers of the company:
Anthony Eastman, Executive Director anthony@okapventures.com, a.eastman@rangeresources.com.au
Eva Bezruchko, Investor Relations eva@okapventures.co.uk
Sir Sam Jonah, Chairman of the Board of Directors samjonah215@yahoo.com
RIG is a collective and the Representatives would like to take this opportunity to canvass members’ opinions as to how you would like us to proceed in our interaction with the company. We are eager to be constructive and do not want to undertake any activity that would damage the company but also feel that the introduction of Buchanan has deprived PIs (who own over 80% of the company) a legitimate investor relations channel. As always your opinions are valued and will form the basis of our next communication with the company. Regardless of the dismissive nature of recent communications, RIG will continue to engage constructively, feedback to Range Resources on its members’ concerns and will proceed in the direction determined by its membership.
Best regards,
The RIG Representatives
RIG Email correspondence with Buchanan-Rang....pdf (425.71 KB)
RIG to Buchanan - GM Resolutions - Trin upd....pdf (238.08 KB)
RIG to Buchanan - 27 02 14 1.0 Publish.pdf (166.14 KB)
Dear RIG members,
Please find attached RIG's correspondence with Range and Buchanan for the past week. The first attachment covers email interaction, with the other four attachments being:
1) RIG's letter of 26 February to Range/Buchanan seeking clarification on the General meeting resolutions.
2) RIG's letter of 27 February to Range/Buchanan expressing disappointment at Tim Thompson's emailed response.
3) RIG's letter of 3 March to Rory Scott Russell following a conversation with Tim Thompson on 28 February.
4) RIG’s letter of today to Rory Scott Russell following Tim Thompson’s email to RIG.
We think you will share in our disappointment that the company has chosen not to clarify the resolutions at the General Meeting on 14 March leaving many questions unanswered and PIs poorly informed when trying to vote on resolutions in the company they own. In the absence of clarification, we urge both RIG members and the wider private investor base to express your right to VOTE AT THE GENERAL MEETING. It generally only takes a couple of minutes.
The RIG Representatives do not advocate that you vote any particular way - each of you will have your own opinions - but encourage you to make your vote count - it is the only direct input you have in the determining the direction of the company. Even if you feel that the material provided by the company does not furnish you with sufficient information to make a logical choice we urge you to vote - even if only abstaining so as to demonstrate your engagement. We will forward the broker-by-broker voting instructions under separate cover to help you in casting your vote - many brokers require lengthy lead-times to register votes prior to the General Meeting so please don't delay.
With regard to future investor relations with the company, Buchanan has stated that it will not fulfil an investor relations function for private investors (only institutional investors). In the absence of any IR value from Buchanan, RIG will be addressing its investor relations queries directly to the company and encourages other PIs to do the same. To that end please find attached the email addresses for the relevant officers of the company:
Anthony Eastman, Executive Director anthony@okapventures.com, a.eastman@rangeresources.com.au
Eva Bezruchko, Investor Relations eva@okapventures.co.uk
Sir Sam Jonah, Chairman of the Board of Directors samjonah215@yahoo.com
RIG is a collective and the Representatives would like to take this opportunity to canvass members’ opinions as to how you would like us to proceed in our interaction with the company. We are eager to be constructive and do not want to undertake any activity that would damage the company but also feel that the introduction of Buchanan has deprived PIs (who own over 80% of the company) a legitimate investor relations channel. As always your opinions are valued and will form the basis of our next communication with the company. Regardless of the dismissive nature of recent communications, RIG will continue to engage constructively, feedback to Range Resources on its members’ concerns and will proceed in the direction determined by its membership.
Best regards,
The RIG Representatives