Aura Egy Share Price (AURA)

I missed that stuck down the bottom of the 249D document ... the word "Alleged" does appear in Schedule 2 of the 249D notice as "Schedule 2 - Statement of the Board" after all. It is noted as follows;

"For the reasons set out below, the board recommends that shareholders DO NOT APPROVE Resolution 1, the reasons for which are outlined in this Schedule 2. Each Director will be voting all his Shares that he owns or controls AGAINST Resolution 1.

The document then goes on to detail the Directors reasons under the sub-heading:
1.Alleged breach of contract"

Thanks for pointing that out smegma.

It doesn't change the way I will vote as I think your good friend, John Bennett, is damaging the company.

Train wreck you say? How are your Range Resources shares mate?

Hi truthinbeer ... how about you tell some truth for once? Start by telling who you are and why you have made this spurious attack on John Bennett! Could it be because he exposed some information about your dealings in another Company? The word 'alleged' was used by the Board of Aura because because it means, "said, without proof"! If they were short $456k, why did they need to source $2m from Lind to complete the DFS and SS work? Why was the DFS expected by the end of 2018 but then we learn they were only doing bulk sample testings in Jan? Look at the sequence of events and compare it with the timelines Peter was stating in his media interviews! Change is coming and if you're stupid enough to tell shareholders to accept the status quo, you deserve Peter and the old guard!

Utter rubbish, so Aura's current financial position is all down to John Bennett of Preemptive Trading reneging on a subscription agreement for placing shares and no fault lies at the feet of Peter Reeve - the guy who thought he was entitled to increase his remuneration to $425k while the company is running on fumes and constant dilution. The board of Aura needed a wake up call and John has given them one.

Shukan, you completely missed the point. It would appear the company were forced to enter an con-note arrangement with Lind because Preemptive Trading reneged on an agreement. Any funding arrangement with Lind is always detrimental to any company's share price.

Now here it is, wait for it Shukan, Preemptive Trading Ltd's shareholder, John Bonnet has proposed via a 249d he be elected to the board of AURA.
All share holders can vote on this. The smart ones will vote AGAINST the motion.