CRO 2.33% 8.8¢ cirralto limited

Rocket-Fuel,To your questions.I am not a party to any...

  1. 755 Posts.

    Rocket-Fuel,

    To your questions.

    I am not a party to any transaction that might not be mining.

    I know of major shareholders who are talking to the board.

    I do not have a vested interest, other than being a trustee of a trust therefore being a shareholder that does not agree with the way that this company has and is being run.

    I am not looking for a board position.

    I am not getting shares.

    I have met Wendy three times the last time being 12 months ago.

    I have also been burnt and do not want to be burnt again. That is why I do not agree with going down the mining track, costs associated with change direction etc, and massive dilution affects us all.

    Raising money and broker support is a hard task at present. Look at asic offer lists at present and look at up and coming floats. Very few are coming to fruition. And a mining play requires Millions of $$$$.

    I am a realist and only want what is best for shareholders and do not believe that a junior miner is the right space in these current economic times. And would think that MOT would have severe difficulty in passing chapters 1 & 2 in the short term.

    IMO DYOR









 
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