EMH 0.00% 20.0¢ european metals holdings limited

€49 million Grant - CRMA, page-94

  1. 1,912 Posts.
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    Wouldn’t be the first time at ASX when a project major is diluted close to nothing over the years. Look at how the loss of 51% has been dealt with, EMH shareholders got nothing to show for the loss of 50% of their only asset.

    That was years ago under the pretence of DFS completion in the run up to FID. Fast forward 4 years and we got none of what was promised, are left with 49% and got a mumbling KC with his gym clothes in the background mentioning that “that dilution would only happen if positive for EMH”. With EMH’s track record of eroding any shareholder value/returns over the past 12 years, you may as well consider ourselves doomed.
 
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