Agree - "a rolling and ongoing disaster" for shareholders who should have been alert to possible conflicts of interest; especially shareholders who had once owned Maldon Gold through AGS. Was this all planned at the time of ORS's IPO? .. Can we expect the same ORS strategy to be be played out with AYC when we inherit those penny dreadfuls following ORS's privatisation/deal/scheme/escroquerie ?
Even ASX is questioning whether AYC has enough cash to remain an ongoing enterprise (see AYC ann) ... And to add insult to injury one gets the sense the ORS board is trying to give the impression they are doing shareholders a favour with the miserly consideration offered in the Gandel Metals deal.
ORS Price at posting:
1.3¢ Sentiment: None Disclosure: Held
