ADN

6.25%

1.7¢ andromeda metals limited

Ann: Annual Report to shareholders, page-43

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Shimazu

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01/10/22

17:51

Post #: 63982647
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Originally posted by SSPPMM: ↑

I was thinking along the same lines.

Statements made which were simply not true.

Is there any precedent where a Director/CEO etc has been held personally liable in this type of situation.

I doubt corporate insurances would cover this sort of thing.

Expand

Originally posted by ChinaGold: ↑

This is so not good.

Over the last 2 years how many off-the-flip comments like this have been made in interviews?
-Mate in the U.S willing to pay $5,000 a ton right now. (What was his name? Who does he work for.)
-Submarines that pay $5 million a ton. (Who, what, where?)
-Demand, demand. No supply.
etc...

Sure it's fine to put that legal disclaimer in front of everything but, that doesn't give you the right to flat-out lie.
There is no way....NO WAY they weren't told up front BEFORE it shipped the CC plant was in parts and needed 6+ months to be assembled and
certified.

You just can't repeatedly make stuff up as an MD/CEO of an ASX company...to tell the market and benefit from the sp going up (retail investors buying your shares or not selling them). Then legally correct (and protect) yourself in ASX docs months later.

*I'd suggest someone download those videos, in case they are removed.

Maybe someone needs to get legal advice here?

And before all the "long term buy boys and new buyers" lose it, these are serious questions.
You just can't make up stuff and watch your sp go up.

This isn't MD John Smith saying we think the potential of this mine is big or
we could have one of the biggest JORC in the world if we hit anything like the blokes next door to us.
-That, hope and what if's.

He's telling investors detailed facts that he knows aren't true...over and over.
Those interviews are upsetting to watch now.

This is such a mess.

Expand

contact asic on line very simple and just say the truth add the videos etc all very very easy take 10 mins complete
I employ all do it if you see fault in company

ADN Price at posting: 4.4¢ Sentiment: None Disclosure: Not Held
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Ann: Annual Report to shareholders, page-43

ASX hits all time high out the gate on Friday trades following bullish US inflation data

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Nimy to raise $1.21M to explore 'newsy' WA targets

Bitcoin investors need to know the risks

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Immutep reports strong response rate from immunotherapies treating carcinomas

Almonty locks in govt agreement for tungsten oxide plant in South Korea

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

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Ann: Annual Report to shareholders, page-43

Top Stories

ASX hits all time high out the gate on Friday trades following bullish US inflation data

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Nimy to raise $1.21M to explore 'newsy' WA targets

Bitcoin investors need to know the risks

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Immutep reports strong response rate from immunotherapies treating carcinomas

Almonty locks in govt agreement for tungsten oxide plant in South Korea

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Featured News

Buyers (Bids)

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