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clock Created with Sketch. 29/09/20
14:21
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Originally posted by bluebottle18:
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In relation to companies making false and misleading announcements and accusing the BoD of doing so and leaving out key details. Let me compare this to another company that you have invested in. Back in 2015 I invested in a graphite company that the MD at the time announced they were FAST TRACKING their discovery to production by the end of March 2017 .... He also stated that there would be little dilution as the JV partner would be responsible for the start up costs. At the time there were 850 mill shares on issue .... In March 2016 he announced he was setting up shop at the site to supervise the construction of the plant etc.... this was an official announcement. by the way he again repeated that announcement in March 2017... As you are aware the so called finance that was waiting for final approval has never been signed nor has there ever been any announcement that all these funders have disappeared. Furthermore the CR were only going to be minor were also to help seal financing... When the company reached 4 bill + they were forced to do a CONSOLIDATION and since then have further deleted by over 200%
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The bar has been set astoundingly low, with tweets of wads of cash and A grade nonsense. Then to come over here and nitpick over a sentence in an ASX announcement is just laughable!
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