oh my god ....... pre takeover CRB shareholders its time to vote .......
i just checked the tenement E70 4905 as i do for most my investments ....... it appears that on the 20th April 2023 the CRB board members VOLUNTARILY SURRENDERED 14 blocks ..... but wait for it ...... of the approved E70 4905 underneath the current MLA M70 1422.
this is unheard of ...... !!!!! what it means is that should any part of the MLA not be granted , Carbine no longer holds an interest in the ground (remembering that VRX Silica only had 1/3 of their MLA granted . If this was the case CRB , only 1/3 of the MLA being granted to CRB , it would lose 2/3 of its resource under the current MLA .
not only this as their is no approved licence currently over the ground it limits access to tge ground to obtain additional data to support your MLA .
further to this it appears that 14 minutes after this ground was surrendered a new ELA was lodged over the ground sitting first in time to secure any ground that may not be subject to grant under M70 1422.
the company that lodged the ELA is NXT1 Pry Ltd a single director company controlled by MR Wei Li who is executive director and CFO of Firebird Metals LTd , a company which Evan Cranston also sits on the board .
this is outrageous........
further to this ...... this new down south silica sand play just announced...... for 71 m shares (the board must have seen the NO vote coming in already) this ground was let go by Ausco way back as its on private property and the owners were not interested as I understand it.
funnily enough a party to that deal Mr Robert Jewson is a top 20 shareholder and on the board of Firebird Metals also with Mr Cranston , whos fathers. super find is also in the top 20 shareholder list last annual report along with several other companies that appear regularly with Mr Cranstons directorship tenures
now you can vote for this nonsense or you can get rid of it , its your choice use it wisely
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Price($) | Vol. | No. |
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