Court summary - can someone provide, page-417

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1,743 Posts.

01/06/17

04:36

Post #: 25029270
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Originally posted by Tran ↑

Lessons to learn:

For Martin Bennett: don't try to eat more than what you can chew
For Joe Tracey: don't try to claim you own what you don't have.

So what's next for MZN?
- Class action by shareholders?
- Investigation by ASIC?
- Everyone in the mining/exploration industry will run away when they hear of Joe Tracey approach to have a joint venture or a deal of any sort?
- Down hole one hit wonder of 33m of 3.42% lithium will be investigated by ASIC? (declared just a few days before options expired to get the options over the line. Without this option conversion money, it would have been under administration a few months ago, and 3 months later it was corrected as only 10m with no info on % lithium).
- Paying the legal costs on both sides (must be over $1mil at least)
- Share price keeps falling down in days and weeks ahead to $0.001?
- KDR launches legal action against MZN directors for damages which could run to tens of millions of dollars?
- Life ban on directorship/management role of any public company?

Expand

What's next for MZN ?

Posssibly a buy-up of KDR shares today since the trial hearing stage has ended and the public now presumably knows the same material information that MZN has known for months ?

Personal opinion, pure speculation, DYOR, seek professional advice, I'm no expert etc

KDR Price at posting: 59.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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Court summary - can someone provide, page-417

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