Member Information Session

Posted on: 4 September


Dear Members,

Our member subscription strategy, including recognition of Foundation Membership, for the future years will form part of our next Member Information Session when I will be presenting our Trading and Operations model. This session will be held on Sunday 9th of September at 10:30am in the LGC Clubhouse. 

We have a Trading & Operations (T&O) Group who are constructing a detailed T&O forecast from 2017 to 2024. It is reasonable to expect that through this period we will incur trading losses. While these have been budgeted for at a high-level, it has been the task of the T&O Group to build assumptions that support the forecast trading performance on a year by year basis. Our membership subscription strategy is a part of this exercise.

I would encourage you to attend the session to be well informed as to how we see the coming years financial performance as we transition to our new course and clubhouse.

Yours Sincerely,

John Christophersen

President


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