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Thanks geoff
I just tried to send an email same thing happened.
Interesting the email address for the company info@metminco.com.au no longer works, can someone else try it and see if they are getting a bounce back. I would not be surprised if Howe has blocked me.
On the option to keep if it goes like the rights issue @ BNC., he could win again if he is clever enough.?? By not leaving enough time to get your vote in to keep ?? But keepers please beware that this arschloch could also take these shares off the main market and leave us in a very awkward position of trying to trade these through a unlisted brokerage it as happened to me with SYQ. I am still trying to sell them six months later. Due to this I am going to forfeit my 3000 pounds and take my pittance. What a VERFICKTES ARSCHLOCH Hope you all find some good trades to recoup your losses AFC.
The special distribution was a lie skinny, it was not going to be cash but shares in a company that was hived off that held low calatos, they tried to sell that as beneficial to shareholders as the value would increase. Howe has no clue about running a business he might be a miner but definitely not a CEO, it's like giving a store manager at Tesco the role of CEO without being groomed, operational experience of a company or the skill set to manage stakeholders. The RNS have been poorly written, messages unclear whether this was intentional or deceitfully done had to be on ones perception. I would like to know what was the Los c offer 2/3 years ago and why did mollacas get to where it is, I do not believe the reasons he gave.
It's bizarre, in 10+ years of investing I've never heard of anything like this. I've been in and out of MNC for years. The last position I took was when they called recent takeover offers 'opportunistic'. On the back of that I bought. In hindsight I'm sure he wished he'd taken those offers but probably didn't because the board wanted to look after their retirement. LC had enormous potential once upon a time, but Mnc have shown exactly how to absolutely destroy shareholder value. Can I ask what has happened to the special distribution that was supposed to be paid to shareholders on the sale of LC? Was that not legally binding?
In essence it is to allow this c rook to buy your shares on the cheap after you have been funding him as a CEO on a big fat salary. The interesting thing is it is not the option to exit but it is an option to opt in, that is quite telling, you should have the option to exit it if you do not action they will sell your shares. This guy in not fit as a CEO and he along with his cronies have got away with murder. I said here last year, anyone who has dealt with this man can understand how he has alienated he company from settling the mollacas deal, his attitude, unprofessional behaviour and abrasiveness can annoy anyone and that is what he has done. Also as we have sold Los calatos at a massive loss and we have got nowhere to value (by the way this guy sold Los c to metminco and made a huge packet and became CEO of this company) we should know what was the offer on the table, he has been hiding this and using the veil of NDA it is absolute tosh.
Can someone explain the purpose of this?
I have warned you about Howe for a long time , many of you were agreeing he should not have been allowed to have done this
With this shower of sh*t in charge MNC is practically uninvestible
Surely his days are numbered. How much more damage can this imbecile possibly do? The company is currently worth less than cash in the bank
Just about sums up this piece of shit of a so called director. He didn't mind the the small guy shelling out in the placement to fund his salary but now its spent and he's got a pittance for the "world class" asset to play with we are all surplus to requirements. Hope the **** catches every STD known to man and beast.
RNS rather
does the RBS not state we can elect to keep or holdings if we wish?
Mr Howe saying f@ck o?? I have no need for you and please except my thanks with this pittance. Pieman it's very legal they can buy small holdings @ anytime for the going price
Now there's a compulsory purchase RNS stating they are forcing you to sell your 'smallholding' for 2.8. It's a real eye opener watching this. how is this legal?
You know like at the end of a car boot sale when you've got stuff left over that nobody wanted and you just want to give it away rather than have it hanging around. Well that's what google are doing with the metminco shares.
Wouldn't be surprised way it is going Howe keeps messing up here how much money has he wasted
Anyone know why google finance has the share price as 0.00p do they know something we don't?
Brilliant! When you think the share price could not go any lower, it has.
Unusually high volume today. - one share! Must be news due. Perhaps they found a bottle top or something.
Or rather the gold is priced on but the $5m cash in their grubby hands isn't
They have taken on board director ownership. Although there is only a small window each year due to ASX quarterly reporting.
Whole lot definitely sold for $5m. Message is to sit tight for the feasibility, that they want to be producing in 2019. Once feasibility is done they can put it to II players. There is a glimmer of hope IMO this can be pulled off, value returned. Cash is at market cap practically which means Quincha given no value, this is mad. Confidence is obviously very, very low. Not without reason. Little Black Duck made an excellent point on HC about that there is no future royalties written into the Los C sale, should it actually go to prodiction. Wish I had asked that on the call.
If I had a magic gun whereby I could shoot anyone and get away with it. These thieves would get every shot