GWR 0.00% 8.7¢ gwr group limited

Ann: BLK: Wiluna West Joint Venture Agreement, page-63

  1. 2,239 Posts.
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    Hi reg-frog I see you responded on the EMT thread about the 10 mill shares for selling RWG that's fine we should have 26,000,000 EMT shares. But we now have 33.5 m shares so where did the extra 7.5 million shares come from.If our Management spent $150,000 on our only failed investment when it should be going to the gold project.Even spending $150,000 on market price TGN or our own GWR shares would be a much better investment.If this board has wasted $150,000 on what is already a huge conflict of interests deal with joint directors being at EMT, just to save a mates fellow directors Company it is not a good look.After asking for the board to investigate a mates rates deal independently and then for them to hand over another $150,000 to a suspended Company would be a slap in the face to all share holders.I would not be doing all this GWR share buying if the board are wasting money on EMT. CHEERS
 
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