AAM 2.27% 4.5¢ aumega metals ltd

Quarterly as expected. Still a going concern. Still operational...

  1. 4,618 Posts.
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    Quarterly as expected.

    Still a going concern. Still operational challenges.

    What is encouraging is the net situation remains positive. But not enough to wipe out debt. This needs to be resolved and done so fast.

    Major disappointment is wording on funding. Someone is going to scoop up cheap shares (risk all theirs of course) compared to the average punter who coughed up good dollars on the basis of inaccurate information.

    Not happy about the inequity there. Major dilution will cause existing SHs much pain in nearly all possible scenarios.

    GC
 
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