BCN 4.17% 2.3¢ beacon minerals limited

Ann: Letter to Shareholders, page-50

  1. 1,921 Posts.
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    They aren't doing anything for our benefit. They're doing it for theirs. We just happen to be here too because they couldn't fund the whole company themselves. They have obviously had a plan to have their own company that could mine Lady Ida because, as you said, they've been working on getting hold of that land for a long time. I just hope they're not planning on taking it private and that's why the share price is kept low, so certain parties can keep buying until they make a takeover bid and pay us a pittance because the price is worked out on an average of existing share price.
 
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