MLS metals australia ltd

Very disappointing that they were selective on what questions...

  1. 9,194 Posts.
    lightbulb Created with Sketch. 2364
    Very disappointing that they were selective on what questions they wanted to answer! I submitted the following questions, and NONE of these were asked!!

    Question1:
    There was alot of backlash from shareholders on the initial terms of this deal, why wouldmanagement agree to put forward to shareholders an unviable deal, i.e. dilutingshareholders by 40m shares and handing over a substantial cash amount to thevendor just so that we could carry out diligence. And now the vendor hassuddenly given us a huge discount….the reason for this is??

    Question 2:
    We havesome great lithium, graphite, and now this key battery metals and gold project,so if management are confident with all these projects, and making thisacquisition from shareholder (company) funds. When are we going to seedirectors buying on the market with their own money, as I am sure manyshareholders want to see directors with huge skin in the game so they arealigned with the shareholders.


    Question 3:
    The vendor stillholds 20%, will they be paying for their share towards all the explorationactivities?

    Last edited by Lilow: 18/08/22
 
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