C7A 0.00% 0.9¢ clara resources australia ltd

News: ANW Sells Granville Tin Mine to focus on Lachlan Fold Belt, page-3

  1. 155 Posts.
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    Thank you for your feed back sirhsv, YOU ARE SPOT ON, how is GRANVILLE only worth $365k, ALL APPROVALS IN PLACE, INFRASTRUCTURE IN PLACE AND READY TO MINE.

    How on earth, is GRANVILLE only worth BUGGER ALL. You would struggle to buy a reasonable house in Tasmania for that money. I note that this sale is subject to TEN MINING undertaking DUE DILIGENCE on GRANVILLE. My question is why have shareholders not been given an opportunity to undertake our DUE DILIGENCE on the sale, particularly, knowing that the buyer is so CLOSELY ASSOCIATED with ANW and the BOD ALREADY. Who VALUED the mine, what FORMULA was used and why was the mine not exposed to other POTENTIAL BUYERS. GUYS, the more you think about this, their are CONFLICT OF INTERESTS GALORE. This is exactly the type of behaviour that the ASX should be INVESTIGATING. I will be lodging a COMPLAINT but INDIVIDUALLY it will be swept under the carpet BUT if they receive a NUMBER of COMPLAINTS, we’ll that changes the ball game. WHO ELSE is WILLING to PURSUE the MATTER.
 
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