PYX Resources: Achieving volume and diversification milestones. Watch the video here.
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JB, what Boards does the CEO sit on? I am all for him to sit on pre IPO Boards. He resigned recently from the Arkle Board.
Very good posts. I agree with that 100%.
here here.
Lets close DE (and get rid of all inherent conflicts with CEO sitting on boards of companies MTR is invested in)
Focus on Direct Projects
Personally I feel the direct equities division has served it purpose and needs to be unwound. It’s a distraction. Far better to go for the big hit pre IPO opportunities with Board representation. These projects could offer serious returns.
Here you go again CK. We seem to have covered this time and time again yet you continue to bring the subject back! Better for MTR to retain the MOD/SFR proceeds. Distributing cash to shareholders now makes no sense. MTR now have the liquidity to support KML, Cobre and any other new project that they decide to invest in. I am sure you would be the first to complain if there was a cash call and further dilution. To have liquidity in this dire market is absolutely outstanding. MOD was going no where and SFR taking it out was the best thing to have happened. We also retain our 2% NSR. As for Directors bonuses that remains to be seen. This company was a one trick pony this time last year it has now changed.
The Company's target is to deliver a high return for shareholders by investing in significantly undervalued and/or high potential opportunities in the mineral exploration and development sector. The Company's key strategic objective is to ensure the distribution to shareholders of major returns achieved from disposals. Metal Tiger has two investment divisions: Direct Equities and Direct Projects.After the non major return to investors after a significant disposal ,I really hope there's no Bod Bonuses awarded ! Especially after the extremely poor sp performance !