FMS 0.43% $1.17 flinders mines limited

Ann: Postponement of EGM and unmarketable parcels sales facililty, page-15

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  1. 464 Posts.
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    If that is the case then why do thy need our board to spend $27 million dollars buying shares.which thy are lending the money for and if nobody pays the loan back exept for todd then thy will have a higher percentage in FMS. dont you think if you can lend $27 million to buy shares it would not be to difficult to get the $40 million to do the BFS.My understanding from Robert Kennedy was we only needed $1million dollars more to finish the BFS but was told thy will let Todd finish it.I still wonder why Todd have been delaying it considering thy appointed the board members with their 51% vote.
 
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