andewa, page-10

HB

Rinse and Repeat x 2.

Actually - it could be number 3.

Forgot all about City Resources - that goes back to the 80's.

It's how they roll... But you knew that already.

From:

http://www.miningnewspremium.net/storyview.asp?storyid=795157189%C2%A7ionsource=s0

"One point of contention with Frontier shareholders wary of embracing the new Tasmania-focused developer has been the scheduling of the IPO.

Torque has decided to launch the IPO before finalisation of the feasibility study and the publishing of results from the 14 holes the company has recently drilled but not assayed

The move has caused some investors to feel left in the dark and sceptical of Torque’s motives, or as one attendant at the Perth presentation put it, “it’s as though you were dangling some sort of carrot in front of our noses.”

McNeil responded that launching the IPO before releasing the latest exploration results was a deliberate strategy to keep the share price up near the listing price in the first volatile months of Torque’s ASX float. "


Sound's like Bob is expecting an angry dumpathon... I wonder why?

Any McNeil run company ever paid a dividend ?

There's been enough of them... surely one must have been a success?

For LT holders I mean.

In FNT's case started out with 23m shares now over 300m.

FNT's - IPO holders diluted by 92% to date.

And still waiting.