RE: Another day closer10 Jun 2019 10:03
GIT. Why will there be news before the AGM? As some have already said (in defence of MM) that he is not responsible for many things, including the gold JORC and update. People cannot say this on one hand and then expect news before the AGM when MM, in their own words, is not in control of such news. Concentrator, could well be late.
How much money has MM raised in the last 10 months? Has this been accounted for? Do share holders know of the reasons? Where has it gone? Fully funded and under budget. With that in mind why would he tell anyone other than the inner circle what 4 million is for? I have already stated that this kind of money is likely to be for Regua or Gold. Or, just likes the last load of raises, it could be beer money. Please let it not be for drilling.
Why are LTH's any better than traders or people that have held for weeks? Shareholder value is shareholder value. It is LTH's choice to hold, not MM's. This is a business, not a popularity contest. 1 share is one share no matter who owns it or for how long. It is your choice, as it is with anyone, if they hold a share and for how long. MM does not recognise this, he does not need to and it makes very little difference to the business model other than share availability (not a problem here as we have more than enough shares to satisfy demand, which, coincidentally, isn't there right now). MM is trying to build a mine, he isn't interested in anything other than this and the correlated (fingers crossed, good luck and gawd bless) pay packet. Unless someone can point me in the direction of his philanthropic endeavours I will stick with the above. MM is not George Cadbury. He is not interested in your choices.
MM has more than enough votes to do as he wishes.