AME 6.06% 3.1¢ alto metals limited

Ann: Bidder's Statement, page-4

  1. 206 Posts.
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    they've had a fair while to do that, last couple of months the most action for atleast a couple of years. Hell even our mates at MDI have delivered. The big question remains (and I'm assuming this offer will simply go nowhere and hold the co in a holding pattern) is where will they get the cash to do this drilling, Goldsea loan is gone do back to taking money out of windsongs pocket in loans, most of the top 20 (though that's a bit messy now)outside windsong and one other have done little but dilute in years the 5-10 needed to do enough drilling isn't just being handed out, can be done but with managements track record I don't see it.
    Last edited by shaper: 12/07/20
 
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