Old Geologists must know a trick or two. What would happen if every shareholder who read this were
to email the ASX this weekend in the following manner?
Email: [email protected]
James Gerraty,
Manager, Listings Compliance,
ASX Melbourne.
1. Is the ASX able to assure shareholders that the market is fully informed about recent exploratory
drilling at the Henty Mine in Tasmania.
2. Is the ASX able to assure shareholders that the results of recent exploratory drilling at the Henty
Mine in Tasmania have not been withheld by the company?
4. Is the ASX able to assure shareholders that a trading halt should not be put in place until the
market is fully informed of the results of recent drilling at the Henty Mine?
5. Is the ASX able to assure shareholders that the company is in full compliance with its continuous
disclosure obligations?
Signed: your name, Shareholder.
============================================================================
Surely the ASX cannot answer those questions unless the ASX were to put those questions to the company first.
If many people put those questions to the ASX then the ASX would be less likely to ignore the queries and
might put those pointed questions to the company.
The UML posts contain a lot of grumbling and many very harsh remarks about the board, the directors,
the management and hints about back room deals and hidden agendas but there are no action plans.
The old rule is, If one cannot take direct action, take indirection action. We cannot organise a demonstration
with thousands marching up to the mine gate but we can organise and stir and attract attention.
Essentially, we are all just sitting and waiting and hoping for a better deal and whingeing while we wait.
Once upon a time I heard that the Geologists motto was, Keep On Chipping Away !
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