The scheme documentation for the partial takeover of Consolidated Minerals by Pallinghurst Resources is now out.
This is a rip-off, and the entire ConsMin management should be sacked.
They are hiding information and good news, the latest Ryan's Notes says that they are doing manganese deals for next quarter at $7.40/dmtu. Not at US$3.30/dmtu as it says in their scheme documents.
ConsMin shareholders need to start being vocal, don't always leave it to someone else. We have to fight this takeover now. The price of manganese is such that ConsMin will make $200 million next year, don't be a sucker and give Gilbertson $millons of shareholders money.
Send the management a clear message NOW.
Tell the management you'll vote NO
email baxter [email protected]
Ask him why he doesn't tell the truth, why is he lying to shareholders?
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VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
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