I got the help if Chat GPT to summarise the response to the ASX and asked for two versions - a funny version and a hilarious version. Here is what it gave me back:
Funny version:
MIN’s board has been digging through old records after finding some eyebrow-raising dealings involving their MD, Chris Ellison, and a now-defunct company, FEEHL. After questions from the ASX, they admitted their past related-party transaction processes were, let's say, "less than perfect." Turns out, they missed some disclosures – think “we probably should’ve mentioned that” kind of things. Payments to FEEHL ended in 2008, but MIN hadn’t been updating shareholders. Now, the board assures that their recent books are fine, and they've spruced up the paperwork process (better late than never).As for why all this was left out of the IPO Prospectus – well, without Ellison’s notes, they’re “just guessing” too. The board’s still investigating, promises to keep us in the loop, and confirms they’re staying within ASX’s good graces. Investors are likely left wondering if they should start digging too…
And here is the hilarious version:
MIN's board went rummaging through their ancient scrolls and found some "whoopsies" with their MD, Chris Ellison, and his old buddy, FEEHL – a company that’s been MIA since 2014. Apparently, back in the day, they bought mining equipment from FEEHL and then kind of… forgot to tell shareholders. Minor detail, right?The ASX came knocking like, “Care to explain?” and MIN’s response was basically, “Well, we’d love to, but only Ellison knows, and he’s not saying.” So the board's been left squinting at their own past, saying, “Yeah… we should’ve mentioned that,” like they’re admitting to eating the last slice of cake.But don’t worry – the board says it’s all good now, and they’re TOTALLY on top of things (two decades late, but who’s counting?).
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