4 questions lodged at 2025 Sheffield Resources hybrid AGM
November 22, 2025
Below is the text of the 4 written questions submitted at the joke 18 minute Sheffield Resources (SFX) 10am hybrid AGM in Perth and via the Link platform on November 21, 2025. Market cap down to $32m after a poor year. Stock has more than halved since bought in. See notice of meeting and voting results showing 23% protest votes against the rem report and the performance rights grant to executive chair Bruce Griffin and 14.5% against the extra placement capacity. The proxies were not disclosed early in the formal addresses because no formal addresses were ever lodged with the ASX for this meeting.
Q1. When disclosing the outcome of voting on all resolutions today, including this performance grant, please advise the ASX how many shareholders voted for and against each item, similar to with a scheme of arrangement? This will provide a better gauge of retail shareholder sentiment on all resolutions and insight into the chronically low retail shareholder participation rate. Many others companies do this. You've got the data, so why not let the sun shine in?
Answer: The executive chair Bruce Griffin was dead keen to wrap up the joke meeting as early as possible, so much so that none of these 4 questions were read out. Watch video of how he closed the meeting via Twitter.
Q2. Will a copy of the AGM webcast be made available on the company's website for the benefit of shareholders unable to attend live today?
Answer: The executive chair Bruce Griffin was dead keen to wrap up the joke meeting as early as possible, so much so that none of these 4 questions were read out. Watch video of how he closed the meeting via Twitter.
Q3. As the lead independent director, could John Richards detail his history when it comes to treatment of retail shareholders in capital raisings? Has he ever done a placement with no SPP at this company or other companies?
Answer: The executive chair Bruce Griffin was dead keen to wrap up the joke meeting as early as possible, so much so that none of these 4 questions were read out. Watch video of how he closed the meeting via Twitter.
Q4. Why are you seeking this extra placement authority? Please don't do it next year. Pro rata raisings are better.
Answer: The executive chair Bruce Griffin was dead keen to wrap up the joke meeting as early as possible, so much so that none of these 4 questions were read out. Watch video of how he closed the meeting via Twitter.
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