AKM 2.63% 37.0¢ aspire mining limited

Ann: Letter of Intent to Provide Future Financial Support, page-30

  1. 1,247 Posts.
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    51% to be Mongolian majority owned, for various reasons listed about 100 times in announcement and in these threads.

    Also if he didn’t put in the funds but just converted options, he and noble would have more than 51% - so this ship has sailed.

    If you vote down sharesale he just converts options.

    I get the concern, but people are concerned with their imaginary profit. Someone needs to put up hard earned cash to build infrastructure and a mine in Mongolia.

    we have someone who will do this, no one else stepping up.

    Only akm shareholders stepping up to complain about someone wanting to fund the company. While not putting up any other alternative plans. For all these years akm hasn’t got funding, but now we do.

    again you can’t expect company to go from 40m to 2,000m market cap without any dilution. It cost money to build mine and road and rail.
 
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