1MC 3.45% 3.0¢ morella corporation limited

Failure Is NOT An Option, page-193

  1. 18,806 Posts.
    lightbulb Created with Sketch. 3959
    That insinuation was framed by your mind not mine.
    It is easier to raise funds if you control a public company, in many cases, than a private one.
    The funds need to be raised for reasons which are acceptable to ASIC, and then the disportment of the funds needs to be accounted for to ASIC as well.

    If BOD need investment funds why go down any other route than the one they chose?
    Spread the load.

    You think it is about altruistic benevolence towards all the loyal supporters .
    But clearly some holders feel entrapped and annoyed.

    Re your comment;
    “The data you are looking at is old and who the actual players are is not clear.”
    Rupfel the data I am looking at is what was provided by Lithium Corporation in its’ MOST RECENT QUARTERLY REPORT’ - MARCH 2021
    Did you check the reference?

    I have also looked at the data provided by Altura in its’ most recent update.

    I also looked at the data from American Lithium announced in August 2016 which I already noted in Fish Lake Thread.

    It is VERY clear who the actual players are because Lithium Corporation is a public company and legally obliged to report on such things.


    Yes I feel it is possible Alex may have drawn attention to the missing claims seeing as he is Altura CEO and HE signed the letter of intent on May 3 by which he was able to start a due diligence process.
    But maybe it was James or one of the other two Lithium Corp directors who noticed.

    cheers
    Last edited by sabine: 11/07/21
 
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