Lewis you ARE being obtuse.
1) Alliances of low-entry holders can interfere with/dominate company business - especially as companies move from junior status to greater maturity. (A case in point is TMT where a single entity connected to Cicero acquired land, passed the land to a group also connected to Cicero and ultimately set up a public company where all involved were rewarded handsomely, a former Cicero employee was appointed CEO, and the address of the company never moved from the Cicero offices until the day of the merger with AVL) .*
- Western Australia is still a small state and if you think this kind of dealing slips under the general radar of others you are mistaken.
* I tracked the background here beyond the IPO to previous tenement owners and posted links to the TMT forum so if anyone wants links so as to do their own research just ask.
2) rattling on that I an trying to instil fear by postulatimg a 20 year mine life is quite silly.
I stated banks require at least a 20 year mine life and noted neither AVL nor TMT were able to get finance as separate entities despite their claims .
And I’m not going to even try to explain why I think what I think because I may as well be speak8ng innuit.
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