Why wouldnt the directors have bought those tenements for FSE instead of spinning them off into another company?
For example RES just purchased 7 more tenements at Xmas?
Did the directors form another company and buy the tenements? No
To me they have shown a conflict of interest by doing this and have shown their hand, there out for money and dont care which company gets it for them.
To hold FSE you now need to hold GLN.
Not happy
directors and fse gln
Currently unlisted. Proposed listing date: APPLICATION WITHDRAWN ON 28 MARCH 2024