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Ann: MEC Resources Ltd Placement, page-5

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winslowbucks

132 Posts.

2

24/01/18

13:23

Post #: 30530599
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Originally posted by vcubitt ↑

A board spill should never happen without the support of the majority of shareholders anyway, and the support is just not there to remove the current directors and reinstate the same old lifestyle director's associates...

Please let the company move forward, not backward. The 60% to RL is not a certainty and we probably stand to lose that much anyway by way of dilution to raise the millions needed leading up to the next drill. I think it's going to be six of one or half a dozen of the other.

I still find it amazing to think that some shareholders still hold on to some forlorn hope that we are going to get through this without any form of dilution or loss of interest in PEP11!

This is about the end game people and whether we hit gas or not and the best chance for that is to get things right before the drill, not scramble to right things after the drill as seems to have been the case in 2010.

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Totally agree too: I believe that these posts may be read by those involved and I hope they get the message and disappear so MEC can proceed doing what they are supposed to be doing - for us.

MMR Price at posting: 2.3¢ Sentiment: Buy Disclosure: Held
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