SEI 0.00% 2.9¢ speciality metals international limited

Russell and the old board members never saw fit to buy any...

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  1. 899 Posts.
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    Russell and the old board members never saw fit to buy any shares on market in the past to give share holders some confidence,even when the share price dropped to .007 cents.Now they are giving themselves shares for finishing the Quarry deal.When they told us A Binding Heads of Agreement was signed on 20/12/17 and it would be finalised in mid March.So they are 3 months past the march date and are more than likely paying more than the 20/12/17 binding agreement. They don't deserve any performance shares for buying the quarry that they could have mined for nothing over the last 8 years apart from a low tungsten price. There is a reason Mitsubishi walked away from this board along with their $15,000,000 loan. Mitsubishi spent a lot of money and now with a higher tungsten price they still choose to wash their hands from this board.If the don't secure an off take partner SEI is in huge trouble.All these posts on tungsten, if you read the announcements both Geologists will be in Chile where the boards main focus is.No more Tax Credits are coming our way this year which Jim secured every year which covered the whole boards wages. CHEERS
 
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