Sorry, how is shareholder dilution a good thing? They will be issuing another 200 million shares……. Their disclosure to the market was that they would pay off the mine construction costs within 1 year on the basis of their deal with Taurus (half yearly report March 17). We will all lose long term with this arrangement ( think of the diluted dividends all you LTHs) The more I think about this, the more I believe that the board of management has not complied with their duties. I am out, if I can find a good exit price. I do not rule out any future legal action. IMO the BOD have behaved in a manner which acts against shareholders long term interests. All my own opinion, and as always do your own research blah blah blah…..
TIE Price at posting:
58.5¢ Sentiment: Sell Disclosure: Held
