E25 5.66% 28.0¢ element 25 limited

not a wise move, page-7

  1. 83 Posts.
    Exactly Channa, this is what i mean by bad management. With only $600,000 what can we expect of them with this small sum of money anyway. They are giving MZM for free. If they put in more effort and put a placement of 1 share for every 3 shares each current shareholder has, we will be more than happy to buy at $0.15 and keep free option. Unfortunately Justin just dont give a crap about the shareholders except the rich ones. Even if MZM is going to raise fund in future, i will hestitate as we now see how they treat the shareholders. Unfortunately good management is very hard to find nowadays. Only hope lies in the mine itself, not the management anymore.
 
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