SI6 0.00% 0.2¢ si6 metals limited

Ann: Unmarketable Parcel Sale Facility, page-24

  1. 23,919 Posts.
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    I've touched base with both ASX and ASIC, as well as the takeovers panel

    A related party (being the ex-chairman) potentially receiving up to 30M+ shares at all time lows, and on an opt out basis stinks to me, even more so after the company is potentially threatened with a board challenge

    The cash burn here for the lack of action is far too high 

    I may have a proposal for holders here. We have 6 weeks before this buy back occurs, until then it's a pretty loose register

    The smallest bit of action, reduction of costs and locking in of drill program or optioning alternate deal would see this multiples higher 

    Stay tuned. I will be posting out correspondence to the register in next day or so

    2,000 shareholders getting their stock piltchered at all time lows by related party ? No thanks ... I'll stand up against this happily


 
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