This should of been investigated anyway as enough Shareholders stressing their point of view to ASIC. Why wasn't we given any opportunity to raise the money to pay our debt isn't that why we had 100:1 consolidation for tighter capital.
They were on the second chance and didn't give a shard about the SH. We vote no to this new offer and MIN shouldn't get the opportunity to vote as It's a conflict of interest. ASIC should be fighting for the SH as everyone is winning except SH, Directors paid bonuses for fails who else gets bonuses for fails and MIN get everything else and this was UIL activity report. What was stopping this from running. Shareholders shouldn't have to get lawyers to fight SH battles when ASIC should do a full investigation anyway the ASX has rules. SHAREHOLDERS wasn't given a fair go ASX stand up and stamp this out.
UIL Energy’s footprint over 700,000 acres
One of the largest contiguous holdings in this highly prospective region
100% ownership of all permits providing great flexibility and strategic value
AWE’s Waitsia-4 flowing at 90 million standard cubic feet per day in one of the highest-ever flow rates in the country UIL Energy’s Ocean Hill #2 well plan submitted –next well lined up for drilling in the Basin
Mineral Resources now planning to restart Red Gully plant operations
CoomalloEast prospect starting to shape up as a significant potential target
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