ATT MNE BOARD -We seek clarity of your intent

What is the intent of the Chairman and two ex-directors who suddenly resigned with the Chilean asset (through their new company Rio Verde Holdings Ltd) and why can’t this be disclosed to all MNE shareholders or even propose their intent to MNE shareholders for a vote. If their proposal gets voted down by the shareholders then they can take it for $1, if not then they get all MNE shareholders support and backing and that would put MNE in a position of being able to raise funds needed by way of a right issue or something similar.

MNE Board please advise instead of this sneaky underhanded approach that has appeared under the guise of these 16 complicated resolutions in a short notice EGM.