{
  "docId": "019dd923-622b-71dc-a6dd-1e5d72a4f1ea",
  "docSlug": "fd45d94d1393",
  "documentTitle": "Capricorn Energy PLC (CNE)",
  "authorId": "24_Palliser_Capital",
  "authorName": "James Smith",
  "documentKindSlug": "shareholder-letter",
  "documentKindLabel": "Shareholder letter",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2022-12-19 00:00:00",
  "orientation": "portrait",
  "aspectRatio": 0.70709807,
  "pageNumber": 3,
  "pageCount": 6,
  "prevPage": 2,
  "nextPage": 4,
  "slideType": "closing_ask",
  "function": "closing_ask",
  "density": "balanced",
  "nDataPoints": 0,
  "notes": null,
  "elementsJson": [
    "paragraph"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622b-71dc-a6dd-1e5d72a4f1ea/3",
  "deckHref": "/decks/019dd923-622b-71dc-a6dd-1e5d72a4f1ea",
  "deckJsonHref": "/decks/019dd923-622b-71dc-a6dd-1e5d72a4f1ea.json",
  "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dd-1e5d72a4f1ea#slide-3",
  "components": [
    {
      "bbox": {
        "h": 0.03,
        "w": 0.83,
        "x": 0.085,
        "y": 0.22
      },
      "kind": "callout",
      "text": "We urge you, our fellow shareholders, to VOTE FOR each of the Resolutions at the EGM to set Capricorn in the right direction.",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b8dc4806-fcb9-499c-956e-d695defc9a47",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.3,
        "x": 0.085,
        "y": 0.38
      },
      "kind": "paragraph",
      "text": "By: James Smith, Chief Investment Officer",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "52b5e5b8-8774-464c-9075-f1d9e9f550df",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.3,
        "x": 0.085,
        "y": 0.285
      },
      "kind": "paragraph",
      "text": "For and on behalf of Palliser Capital (UK) Ltd",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "72102864-65aa-429b-8393-df5494f4cd8c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.83,
        "x": 0.085,
        "y": 0.155
      },
      "kind": "paragraph",
      "text": "We appreciate your consideration of our proposal, this letter and the other materials we have published today. As we have explained, we strongly believe the time has come for decisive and comprehensive board change to enable an optimised path forward for Capricorn's long-suffering shareholders.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e756dc37-c2f4-4962-9907-dae2d1cd88e7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.12,
        "x": 0.085,
        "y": 0.13
      },
      "kind": "title",
      "text": "Conclusion",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "aa83c5f9-195a-4dcf-a518-dd958f097cdd",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "call-to-action",
      "slug": null,
      "matchId": "abf7d9cd-da2f-4386-b6d4-a9fe5a8f6c1e",
      "evidence": "Explicit request for shareholders to vote for resolutions.",
      "confidence": 1
    }
  ],
  "arcBeats": [
    {
      "to": 3,
      "from": 3,
      "beatId": "ad9faa3e-2b15-4c3b-a5ef-f49ce03b99e1",
      "arcName": "AIDA",
      "arcSlug": "aida",
      "beatName": "Desire",
      "beatSlug": "aida-desire",
      "evidence": "The conclusion slide aims to create desire for the proposed changes.",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    },
    {
      "to": 6,
      "from": 3,
      "beatId": "e34a81c8-ded7-492b-a064-2f9dac30ad32",
      "arcName": "AIDA",
      "arcSlug": "aida",
      "beatName": "Action",
      "beatSlug": "aida-action",
      "evidence": "The final slides provide details on the proposed board nominees, encouraging action from the shareholders.",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [
    {
      "to": 3,
      "from": 2,
      "name": "Aha Moment",
      "slug": "03-aha-moment",
      "bestFor": "Data-heavy sections, research findings, analytical arguments",
      "matchId": "eb4cd640-54ec-474a-9a65-e2bb6b885e47",
      "evidence": "The document presents a clear 'aha' moment by highlighting the upside potential of new leadership.",
      "position": 0,
      "objective": "Why should we support new leadership?",
      "structure": "The Problem/Question -> What the Data Shows -> The Insight",
      "confidence": 0.7,
      "description": "Establish a tension, present data, then deliver the insight that changes everything"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}