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Peter Thomson

Alternative Shareholder Reports

Robert Krebs, Sam Clarkson and others have prepared a series of alternative shareholder reports and capital raising proposals to prompt conversation and encourage transparency and accountability within Ruapehu Alpine Lifts Limited.


Key documents prepared to date include:


RAL Alternative Annual Report 2020: Contains analysis of the capital expenditure by RAL and a review of the proposal by the board of directors to convert the company into a for-profit entity.


RAL Alternative Annual Report 2021: This is a key foundational document that analyses the skifield operations and presents solutions and areas for improvement.


RAL Alternative Capital Raise Proposal 2022: This is a short document focusing on the potential mechanisms to raise capital for the company.


RAL Survey Regarding Shareholding Trust 2022: Summarises a survey of shareholders as part of ongoing discussions about the role of the majority shareholding trust in representing the minority shareholders.


RAL Alternative Capital Raise Survey Results 2022: Reviews the results of the 2022 capital raising survey sent to shareholders and life pass holders.


RAL Alternative Equity Crowdfunding Proposal 2022: Presents an equity crowdfunding roadmap as a possible alternative to liquidation.


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