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0.8¢ ora gold limited

Ann: Westgold Strategic Alliance and Placement, page-100

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grubarura

11,487 Posts.

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14/06/24

21:44

Post #: 74325858
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Originally posted by plough: ↑

Thank you for that .

With that financial commitment do you feel you would want to keep the MD on a short leash , so in that context do you find it interesting how Argonaut ended up getting the equivalent of $240K for their services recently ?
If you were the director would you also be asking questions why there has been no escrow period for shares placed now and previously ?
You think it Would be nice to get some straight answers to the above in the general context of company capital management as the VWAP has sure taken a hit right at a time we then went back to the market for a bargain basement script offer to top up the balance sheet and in so doing causing the float to blow out even bigger than it possibly needed to ?

For me I have to wonder how these supposed geniuses running companies with great CVs come to these decisions that your average wage earner with no financial experience on a smaller scale would consider poor management of his or her visa card payments or 401k

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I seem to be simple minded and do not understand your questions

Please check announcements after the rights issues until now and find out the size of stake Alex has in this game and other directors as well plus ex Director 20%+

OAU Price at posting: 0.5¢ Sentiment: Buy Disclosure: Held
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