I too am frustrated by the cap raisings and SP dilution.I am a...

I too am frustrated by the cap raisings and SP dilution.
I am a long time holder and am willing this last time to let MLX
managemeant to reset matters.
One cannot expect to instantly profit from an old mine that’s been gutted by its previous owners.
Complicating matters has been the new lodes discoveries and consequent to that I can accept there would be a moving feast of mine planning.
A fundamental for me is the devil in the detail - exactly what I believe is protracting Nifty.
I would rather do due diligence at the start than find out way too late that one’s premises have been crap.
I am in quite deep, phoned D yesterday however got a msg from someone else and a response has not been received.
that is a worry.
My main worry is APAC -definitely not to help out retail Shareholders.
APAC appear to be overstating Brett Smith’s abilities - especially in regard to DRA which I have held for many years.
Also the writing in OZL and AVB as comparisons is misleading.
I have no issue with Mr Smith but can see why MLX may, especially since we are not yet aware of candidates for the position.
I do not trust APAC and the potential for destruction of shareholder value across all MLX assets,
particularly Renison which is globally significant and a very profitable mine with further potential - contrary to a post I read earlier.
Additionally, the copper price, shorters and other predators have had a great environment in which to manipulate matters aided by bots.
When I hear some posters’ “long term” outlook it is very amusing folks. Two days to a couple of months? a long term outlook - do not make.
A little more patience, base metals price increases and Christmas is coming.
I took up all my rights entitlement and fully expected over subscriptions for the additional shares.
If I am wrong about Nifty it won’t be the first or last where i have been led astray by directors.
Fess up all, management know better than we do.
It is unfair to bag management when they have addressed the issue with the Reset Plan to accomodate new circumstances in the current trading environment.
GLTA long termers.