And for all those who claimed Melior did not need the money from...

First 16 Last

Share
Profile

Follow
springinhetveld

1,371 Posts.

163

01/02/19

18:40

Post #: 37304319
Share

Originally posted by Zaffa: ↑

I write to congratulate and thank MalcolmD and all SAG team members, the new board members, and the MLM shareholders for their actions and persistence in winning the battle at the EGM.

I'm certain that the new Board have numerous priority tasks crowding their to-do lists and I certainly hope that in the short term, the transition from the previous directors has been closely managed/supervised so that MLM records have not been interfered with or otherwise sanitised.

However, I also hope that at some stage soon the new board and management will undertake a forensic review, and let shareholders know what occurred in the lead-up to the Melior push. In particular why did the Uruqhart Project haul road appear to be delayed for so long, with its associated depression of the MLM share price (to what might concievably have been Melior's apparent advantage), yet the haul road approval was (perhaps miraculously) obtained just when the initial EGM was called.

So my question here is, is there any evidence that the haul road approval was suppressed or not announced while the Melior deal was being negotiated?

And whilst I’m on my soapbox, is Simon still employed as the CEO or a similar management position?
“In my opinion, all shareholders should bare in mind and continue to hold Simon and the old board accountable for the dirth of communications that went on for many quarters well before the Melior takeover was mooted”.

Expand

And for all those who claimed Melior did not need the money from MLM look at the news from yesterday:

https://ceo.ca/@nasdaq/melior-announces-amendment-to-loan-facility

Well done Paul and Graham!!!

MLM Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

LYN

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

AN1

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

ME1

Banshee's historic trenches prove rich in antimony and gold for GDM

EDE

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

AUN

Cyclone signs MOU with Vale for development of Iron Bear play

HotCopper Highlights: Your most watched stocks for Week 46, 2024

There are more pages in this discussion • 8 more messages in this thread...

First 16 Last

Add MLM (ASX) to my watchlist

And for all those who claimed Melior did not need the money from...

Top Stories

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Banshee's historic trenches prove rich in antimony and gold for GDM

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Cyclone signs MOU with Vale for development of Iron Bear play

HotCopper Highlights: Your most watched stocks for Week 46, 2024