RE: cheeky approach28 Oct 2016 05:21
This whole deal... raising £72 million can't go ahead without the blessing of small shareholders. On or around the 29th November, small private shareholders e.g. You and me will have a vote to say yes or no to this deal. MNG and all the institutional shareholders are not allowed to vote.they are excluded So if we as small private shareholders said no to the deal. MNG & the institutional shareholders would be forced to cancel the fundraising, or offer better terms and conditions to small shareholders. Or aureus could be put up for sale, which is my preference. Another gold miner sol gold was 1.5p at beginning of year and is now 28p. BHP biliton want it. Aureus could be the same. My thoughts are to vote no to the deal. We need Someone to organise a no vote. As a rough figure 260 million shares should carry a no vote. I've got 240,000, anyone else?