You have your rights in a company up to the % of shares you hold.
Unless you have the numbers to force the BOD or Management to tell you something at an EGM, then you have to live with the current situation.
However, I personally do not believe the company & BOD are doing shareholders any favours currently. This is my opinion of course.
I understand the need for confidential negotiations, the company should not have come out of suspension previously if they were likely still in play.But they did.
I was uncomfortable with some of the assertions on the mine licence in the presentation and webinand it appears the market felt the same.
Maybe Simon, Rick and the presentation were not quite factual??
A good working relationship with the Mali Government?
I would hate to think what a bad one looks like.
Has the company not learnt anything form the transparency issues at FFX? Were Simon and Rick given the FFX Director's handbook on a Directors minimum reporting obligation to shareholders??
Instos and day traders will be giving LLL a big diversion until credibility is earned again.
The company does not need to trade. Hell its a crap time to be trading. But transparency and communication should be maintained.
IMO
LLL Price at posting:
50.5¢ Sentiment: Buy Disclosure: Held