Hello flyboy, I don't think the Board recognise that the shareholders own the company. So either they are naive; arrogant and naive; or arrogant, naive and disdainful to shareholders. Take your pick. I think a few hefty votes against re-election of certain directors may resolve this issue.
In regard to mining, its a concern that they have not released the numbers. My guess is that they have not done a feasiblity study and what they intend to do is to put the mining out to contract and toll treat or sell the ore to a nearby mill, hoping its all cash positive.
I will vote against the first and second resolutions if no more data is forthcoming about the proposed mining operations. Whislt I fully support mining, and have advocated it the past, I think not to release the mining plan to shareholders is neither fair or reasonable. How can we make a decision whether or not to subscribe to the issue without this information. I wonder if a case could be made to ASIC.
- Forums
- ASX - By Stock
- found this on irm releases
Hello flyboy, I don't think the Board recognise that the...
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TMX (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $5.298M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $12K | 4M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 35862 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 25090292 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1626988 | 0.004 |
15 | 7865082 | 0.003 |
7 | 6650000 | 0.002 |
5 | 7000499 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 5713460 | 7 |
0.006 | 4635726 | 4 |
0.007 | 7178725 | 8 |
0.008 | 4493067 | 6 |
0.009 | 623131 | 3 |
Last trade - 11.49am 02/12/2024 (20 minute delay) ? |
Featured News
TMX (ASX) Chart |
The Watchlist
NXD
NEXTED GROUP LIMITED
Nick Poll, Managing Director
Nick Poll
Managing Director
SPONSORED BY The Market Online