A champion team will beat a team of champions!

Under our plan, Mark Smyth will be tasked with concentrating exclusively on critical CEO activities. He will attend board meetings but will not vote as a board representative member. This change will in fact free up $30,000 from the director pool and will go towards paying for almost three of the four nominated directors.

So, in effect, this change will only place minimal pressure on the funds pool available. Additionally, two of the directors will only hold their position for a one year period so after the first year there is no pressure on the pool.

We understand that the proposed directors are fresh at the task and have not performed as Public Company directors previously and that is one of the reasons they have insisted on a maximum remuneration of $12,000 per annum as opposed to the $30,000 that would have been awarded by default if these resolutions are not passed.

There is a lot of value in having a fresh and enthusiastic “new” director. As you are aware, and as you have seen historically with CVI, the comfortably established “professional” directors have a tendency over time to become stale and take a minimalist non-probing position, or give up in frustration.  They often leave a CEO to do as he / she pleases. CVI shareholders have paid the price for this.

Whilst your nominees have not previously performed at a Public Company director level, they have good corporate experience and will take the role with a sense of responsibility and with enthusiasm. They will engender a culture of continual probing and vigilance, enveloped within an intense desire to serve the shareholders as they review the CEO agenda.  They will not bow to traditional “professional director” protocols of casual carefree, non-probing rubber stamping.

The Director nominees offer a range of skills. We realise that we don't have mining experience, but offer honesty, and a good work ethic to communicate with shareholders and do whatever possible to help get Cityview back on track. Our experienced directors have in fact put us in a dreadful predicament to date, therefore we believe that we certainly can't make things any worse, and our intention is to make things a lot better, via transparency, honesty and providing the numbers on the board to ensure that votes are put through that deserve to be, not pushed passed a CEO friendly board who don't have the shareholders’ best interests at heart.

These Director nomination resolutions 8 to 10 are perhaps the most critical resolutions overall for the future wellbeing of the Company, for the sheer fact that it isn’t only what happens at this EGM that matters, (and we fully expect the Company to promise you, the owners of the company, more transparency and accountability in future) It is your FUTURE that counts too.

It is no use walking away from this EGM feeling satisfied that the ‘disclosure’ resolutions 4 to 7 have been passed, as they have now been made advisory only. We NEED to have ongoing monitoring by shareholder appointed directors. Reflecting on the last 18 months, and given the benefit of hindsight, if we had a more even spread of representation, many of the catastrophic events wouldn’t have happened, as the budget would have been monitored more tightly, and the consequences of all actions been considered in more depth.

We need to GET THINGS DONE – not just talk about them.

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Steve Coughlan and Sue Turner - Jointly and individually

Steve and Sue have found that they work extremely well as a team, complementing each others strengths. As it is critical to maximize the effect of shareholder representatives on the Board, both names are included in resolution eight, and though both are to be made as separate votes, we want to stress the benefits to you of a yes vote to each as a good working team.
Both live in Queensland – on the Northern and Southern Brisbane extremities respectively.
Having jointly administered the CVI investors forum and this EGM proposal, with some help from others along the way, between the two, pretty well anything can be achieved! Never say never - and there is no such word as can't!  Life experiences are very different, but with wicked senses of humour and the gluttony for this punishment of putting in extremely long working days to achieve this EGM it has been recognised that they will make a formidable duo on the board.

Steve Coughlan

Steve is an active stock and currency trader and has an excellent working knowledge of macroeconomics, capital markets and corporations law.

With 15 years experience in the IT industry, primarily in security and identity management systems, Steve has been responsible for large scale enterprise infrastructure supporting up to 50,000 users on mission critical systems, and is currently working in a part time role with the Queensland Government.
As such, he has the time to commit to understanding the internal workings of Cityview and assist in bringing the company to a more transparent mode of operation. He is also director of his own private investment company and has run an event production business involving large scale project management.

Being the site administrator and one of the founding members of the Cityview investor's forum, and as the central point of contact for this site, Steve has been in touch with many Cityview shareholders and has seen firsthand many of the dramatic human impacts that have resulted from the share price collapse. This gives him a very solid understanding of shareholder concerns and what is needed to restore confidence.

This solid background, along with a high work ethic and an ability to learn new areas extremely quickly makes Steve ideal Director material, as the Cityview shareholders are his primary concern.

Sue Turner MAICD

Sue Turner is based in Queensland and is a member of the Australian Institute of Company Directors. She has a well established background in auditing and accounting, having worked for several years at Westfield Management and First Chicago Australia Ltd, where she was also involved in merchant banking.

More recently, and after raising a family, Sue has used her business acumen to establish and run two currently operating successful private businesses.
She credits her success with a strong belief that information and communication is critical, coupled with an enquiring attitude, a desire for the best possible result always, and unwillingness to accept the status quo.

Sue sees her role as being a shareholder liaison Director. Using her communication skills to gain the information necessary, she would like to make (or have made) clear statements of the Company’s progress.  Her past experience with accounting and auditing will assist, current experience as company director and company secretary, as well as a natural instinct for ferreting out the facts. 

Sue is a keen share trader with 9 years trading experience and jointly administers the CVI shareholders forum with Steve. In her time as a stock trader she has gained a great deal of knowledge in the art of valuing mineral assets, corporations law, and in understanding what shareholders want, need and expect.

Having successfully established and structured businesses enables Sue to take on the responsibility of an active and credible director at Cityview.

Tim Jones

Tim has strong experience across the finance, mining and telecommunications space over the past 19 years working in management, sales and technical roles.
Ethically astute, Tim is a strong believer in shareholder advocacy and feels that Cityview can be forged into a successful company under a different structure.
With the ability and background to work constructively with staff and stakeholders from all levels, he would be an excellent addition to the current board to assist with steering the company back to a level of viability."

He is well known among Cityview shareholders for presenting balanced and penetrating analysis into the company’s affairs.

Alan Paxton

Alan is notable among Cityview shareholders as the first to predict that the Pensador deal had fallen over several months before it was announced.  This was despite CVI management continuing to affirm that it was on track.  In many other instances he demonstrated his ability to see through company spin and work out what is really happening behind the scenes.  As a director with access to internal company documents he will have the perfect combination of skills and access to work out what is really happening behind closed door.

A fresh approach has long been advocated by Alan, to get projects working and into production with realistic plans and time frames.  Also a to liaise between shareholders and the company, being a shareholder myself I have questioned if some decisions being made are in the best interests of current shareholders.,

Alan is committed to finding better ways of helping shareholders and keeping them adequately informed about the tangibles of their investment including genuine progress and real explanations of why key objectives may not have been met.