A new day!!
Have had time to cool down from yesterdays events.
I think we need to wait until the announcement comes out that provides us with an explanation and reasoning behind the capital raise. However there needs to be a damn good reason for it at this late stage.
There are two dates provided by the company for the commencement of tin sales. Monday 15th April and the end of April.
Is it worth waiting until at least the end of April as their final chance to prove themselves? After all it's only another two weeks. Having read yesterday that EGM's cost so much money, we want to trigger this at the best time. Also as @mikesz quite rightly pointed out, we will never achieve 75% of the vote to get our resolutions passed.
The company may be complying with the ASX disclosure rules but is it possible for them to communicate a lot better to the long-suffering and patient (well not so patient any more!) shareholders?
My thoughts only.
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