EMS 6.25% 1.5¢ eastern metals limited

Hi allSorry for the late update but have not long got homeST has...

  1. 1,893 Posts.


    Hi all

    Sorry for the late update but have not long got home

    ST has pretty much sumed things up - but I can add a couple of things

    The Technical Data pak when produced and provided it does not contain any "holes" will be enough to gain registration with the WHO

    West Coast is moving ahead and they have employed another sales person to meet demand - their own products we will sourced from China which will give them much greater margins

    The question about why the directors and the priority options where different was asked and Steve basically said it was a board decision and seemed a little confused as to when the options where put to the shareholders

    They cannot talk about the options and I know that they genuinely thought that they would be in the money but delays in settling BP and the Data pak have been unavoidable and have not allowed the share price to appreciate

    Steve did point out that the options where not mandatory and that those who participated did so by choice - inresponse it was pointed out that for many of the original option holders participating in the priority options was their only hope to re-coupe their money

    The demeanor of the meeting was not upbeat - and Steve's address was light on detail - in fact BP was not even mentioned and nor wherethe options

    Apparently Doud Sims was there but I didn't notice him

    I do believe the board has a very good understanding of how the option holders feel and we will have to wait and see how they play it - certainly there where no hints given

    I don't think there are any Rabbits set to leap out of any hats just yet which suits me fine so long as they can progress Artimist

    Nice to meet you Bluebush

    Clyde

    sorryabout the spelling but its late
 
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