GTM greentech minerals ltd - tba

1:34 consol + $21m placement, page-11

Currently unlisted. Proposed listing date: TBA
  1. 43 Posts.
    What do you mean "better than the company going down"
    This is not the way a CEO should operate. The complete lack of any regard for the share holders is staggering. I have shares in this DOG. I can not wait to dump them. One wonders if Westpac got a heads up that there was no gold in chariot so they could dump their shares at 6c.....
    They have until Jan 2007 until the ANZ pulls the plug. You want to see wholesale drilling for anything, well that will be their drill program. They have one year and four months to spend all of their/ your cash in search of salvation. Their skill at reading drill reports is the only thing they have left. .......O that is right they got it VERY wrong with chariot.

    No matter they can run a tight mine operation......That is right their mining cost that they reported last was almost twice the price of the gold that they produced.

    I don’t care if this company goes down. The COE might even go to goal then. I have lost my cash which ever way you look at it.

    The question is given the care and understanding that the company has shown for existing shareholders who would sink new money into it?
    They have spent the last 10 years looking at what they thought was their best option, and now they have so little they want to "farm out" land.

    This last little announcement has slashed the value of your shares.

    Thanks GTM!!! Thanks for not relisting prior to the end of the financial year! Thanks for keeping us informed.
    Thanks for the spin. Thanks for treating small share holders the same as the big ones - like you are required by law to do.

    Thanks for the plan to remove risk form the ANZ and give it to your shareholders. All this new capitalization will do is pay out a bit of the loan to the ANZ, and further dilute holdings.

    Thanks for such accurate information

    Do we need a company like this on the register? I think not.
 
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Currently unlisted public company.

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