failed in the recent past with their claim for ownership of the mine.That would suggest,to me,they may also fail to remove any of the bod.Anything else is just wishful thinking from long suffering,desperate,probably holding at a loss,EMED shareholders.H.
If I were on the board and found out all was lost I would leave EGM to last minute and push to get as many things completed before that date as possible, why you ask?
If Trafigura are going to screw me they are going to have to pay for it and I don't come cheap. I would make sure the expanded resource data is released, make sure I buy shares and encourage the rest of the board to do the same, get the finance sorted (even on less favourable terms than I originally wanted). I would add as much value to EMED as I could. If you're going to try and shaft me to hell with you getting it cheaply, i'll make you pay through the nose. If you add the shares he was given as part of his remuneration to any he buys, he could walk away with a £1M - £2M with a finger up to the company that tried to screw him.
Hi all.Loads and loads of speculation as to why Traf.wants an EGM.SOMEONE must be right! My take is that they want the mine cheaply,and if they do ....we will ALL be the worse off.
Here is my `speculation`.If the EMED BOD has sounded out the other big investors and find that `all will be lost` at the EGM what is to stop them saying `OK,we will now sell the company to the highest bidder? THAT would put the cat among the pigeons. (I am presuming that is possible?)
How you doing old chap? Still active with the nocturnals? In the Land Of Smiles at the mo so a very careful check before committing to that sort of activity. Do you think big Daz is 'arry & encue is he who shall not be named?
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