MTC metalstech limited

Ann: MetalsTech Limited Changes to Board and Management, page-33

  1. 5,518 Posts.
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    Everyone's in it for the lithium and the cobalt too, but can we do it all, or did we bite off more than we can chew?

    Wish the spin off could have been conducted fairly for all shareholders instead of what was proposed. That was terribly mishandled IMO.

    Looking at it from Rieke and Leedons point of view, they were only ever interested in the cobalt. When they were first hired it was as employees of the subsidiary iCobalt and they expected to have control of sufficient funds to explore the cobalt projects. Those funds were not forthcoming as the spin-off was cancelled so they essentially 'robbed' the lithium funds.

    If BCC doesn't step up now we're in trouble.
 
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