I tend to agree with you Hardrush. Can't see any upside for Metallica shareholders in this reverse takeover of our company.
MLM snapshot now:-
Shares on issue 322.4mil
last traded price $ 0.038
cash $ 6.9mil
Forecast merged company:-
Shares on issue 902mil
forecast price $ 0.042
cash $ 0.00
Debt $ 8.7mil nett
Don't forget to vote this week for the AGM on Monday!
If you have already voted and want to change go to https://metallicamineralsshareholderactiongroup.com/ for instructions on how to.
Support your fellow Australian shareholders and vote against all four(4) resolutions.
We may be small but we are many, which combined makes us the majority owners of Metallica Minerals.
Together we can make sure that doesn't change.
Standing together in the voting we can achieve a driven refocus of the company by replacing this current board.
If you have already voted and want to change go to https://metallicamineralsshareholderactiongroup.com/ for instructions on how to.
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