PIR 0.00% $1.49 papillon resources limited

bated breath, page-14

  1. 10
    909 Posts.
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    clearing the site.....Mere theatrics. I see no real management production history anyway. It isn't financed yet and why would you rush in the current market.

    Bottom line is management has zero say in selling YOUR company .....shareholders own it - not management. Rest safe on that.

    If the bulk of holders want to support negotiations it'll be negotiated with those holders and put to there rest once there is sufficient support but the final decision ultimately rests with 90% of the holders.

    Suspension suggests at least a significant few want to work up a deal. They won't want to short-change themselves but bear in mind their cost vs exit price will be better than others.
 
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