Pentwater Capital Management LP the largest minority shareholder of Turquoise Hill Resources Ltd. sent the below letter to TRQ Director George Burns. Mr. Burns has not responded to explain his role in the ongoing and likely future breaches of fiduciary duties by the Turquoise Hill Board towards its minority shareholders. Dear Mr. Burns, I am writing to you to implore you to not breach your fiduciary duty owed to .
that? , and into next, still believe that? ~ y y and into next, still believe that? ~ r q ., that? absolutely. you re going to net that? absolutely. you re going to get short-term that? absolutely. you re going to get short-term volatility, i to get short term volatility, because of the winter and we are going to get some negative headlines but ultimately, this is a market which has been underinvestment. i will say this, blaming the gas price increase, it doesn t do anything or has anything to do with gas, these are politicians lashing out because they don t want to be blamed for high oil prices but the reality is, because of energy transition policies over the last couple of years, we re just not seeing financing in the oil and gas sector and you ve seen investment,. this is a structural change. it s a structural change. it s a structural change. it s a structural change we are seeing needs to happen. bud structural change we are seeing needs to happen. needs to happen. and shini
you have to go to london to make it. and hopefully projects like this, like natural world and the other projects discussed today showed that we are opening up opportunities across the country for more background and notjust people looking forward to spend some time in london to get internships really trying to open it up across the uk. opening up as well forjob opportunities wherever you are in the uk. , opportunities wherever you are in theuk. y y opportunities wherever you are in theuk. r q , the uk. absolutely. you ve probably seen that recently the uk. absolutely. you ve probably seen that recently across the uk. absolutely. you ve probably seen that recently across the - seen that recently across the regional seen that recently across the regional industry. somebody vacanciesjust now and regional industry. somebody vacancies just now and a regional industry. somebody vacanciesjust now and a lot regional industry. somebody vacancies just now and a lot of movement. i think it