You are Ian Stalker himself? How can it be that a person of the Elm board will accept a non binding offer before any other know something about this offer? This you mean is in the best interest for the shareholders? This board take 6 million free shares for bullshit work. 4 million dollars and the big fat salary to bring the shareprice down from 3$ to 0,24$. Great Job.
Everything was planed before the last capraising. The last non binding offer of 0,77$ was from Dingyi, 100%. But they planed to make an capraising to bring down the average price for Pala and other big holders, and make a drillprogramm of only 2 holes to push a littlebit the sentiment. Very clever this djangos.
K2P Price at posting:
46.5¢ Sentiment: ST Buy Disclosure: Held