directors : maintaining shareholder wealth

shareholders (who contributed to the recent capital raising) would have been well advised to maintain their own wealth, by following the example of the directors of the company. The directors of the company, decided that their own wealth was best served, by not contributing to the recent capital raising. those supporters who coughed up the 2.7c per share, have a wonderful tax loss opportunity - where the last sale price was 2c, and the buyers are at 1.6c


this is a laugh a minute.. in a previous company announcement, it seems that mr lines, had resigned as the managing director, for personal reasons. After Mr gale resigns, it seems that Mr Lines, has the time again.

gold is at record high prices, yet, ero, are still struggling to sell their mothballed alluvial operation, which they acquired, when gold was a bit lower , in price.

watso can just imagine, the lunches, that some people have, as they do high fives, and slap each other on the back, as they work out these deals.

it seems that the vendors of the lithium project, who got about half of ero, were not all that happy to provide extra funding, in a pro rata share issue.

the good news, for the vendors, is that they have millions of shares, and as the company struggles to find something, then they have stock that can be sold, into the market