cxx offer, page-6

cxx has made what appear to me to be very accurate observations of incompetence on the part of aiw's self-enriching mismanagement.

it's funny how, nowithstanding the usa listing, a US company would rather write directly to aus shareholders criticising Jim Malone than buy-up shares and get exposure to the assets in the normal way. clearly they have more common sense and mistrust of Malone's captaincy than even i do.

anyway, as cxx observe, Jim Malone appears completely unable to deliver anything but bs and devaluation to shareholders plus options and share issues to himself.

in my opinion, the only return we'll get on these shares will come if the cxx proposal is accepted. i also like the idea of getting an issue of cxx shares so i can retain some interest in aiw uranium assets insofar as its clear, imo, that aiw is incapable of advancing the assets themselves.