The MD is too busy sending out crappy newsletters to...

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Lilow

9,194 Posts.

2364

18/03/24

15:18

Post #: 72943371
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Originally posted by DIG4FIRE ↑

Just to give you an idea of how stupid this was:

We gave up ownership of 50 percent of Credo and 25 percent of Zuleika for 170 K. This is after ZAG has already pumped 6 million into the JV over 4 years, as were terms of initial agreement.

ZAG has cash of around 3.5 mil and is getting ready to do a big drill program this year. Why sell now? Pathetic.

MD has got to go. Enough of our money has been wasted on junkets, outrageous salary, supposedly getting the house in order after all the blame dumped on Claudio and zero results for anything.

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The MD is too busy sending out crappy newsletters to shareholders, this is not we shareholders pay him for!!! I agree, he and whole board needs to go as they bring absolutely no value in moving this company forward. All they have done for the last 24 months is move their focus from one commodity to another, and returning absolutely nothing in shareholder value! The dreadful share price says it all about this mob!

ASR Price at posting: 0.5¢ Sentiment: Sell Disclosure: Held
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Last 0.2¢		Change 0.000(0.00%)		Mkt cap ! $7.891M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
5	13001934	0.2¢

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Price($)	Vol.	No.
0.3¢	103455802	43

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No.	Vol.	Price($)
5	13001934	0.002
42	108150793	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	103455802	43
0.004	18805792	10
0.005	5380071	9
0.006	3566832	6
0.007	6728713	4

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