NIU 0.00% 2.0¢ niuminco group limited

Personally I will glad to see the back of AMG Why do you want to...

  1. 438 Posts.
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    Personally I will glad to see the back of AMG
    Why do you want to hold onto Dick tracey Spec ?
    He keeps diluting and filling his holdings with no results
    Do you want him to own the whole company then let ride?
    Is he this clever???????????????????????????????

    What do you think of all this?
    Sizable tax right off at the end of the year!

    AMG could have converted their convertible note and got themselves over the line with enough votes
    Instead they demanded payment which was 200k plus interest out of shareholder pockets
    Ring AMG and get their take on things!

    Had me a visit to the National Parks and Wildlife Service Office of Tibooburra
    "I heard whispers coming from the original Corner Post from Cameron corner"
    AMG are getting out you have your wish and the remaining holders get the Red Pill = TL
    AMG raising up to $6 million -primary use of funds being to further the
    Bulgunnia project

    Have you seen AMG's Directors Report - snippet below


    AMG - NIU Investments
    The profit of the company for the financial year after providing for
    income tax amounted to $168,677.
    This was inclusive of a fair value adjustment of $386,043 relating to the
    revaluation of shares in listed Niuminco Group Limited (ASX.NIU)
    and realised gain of $101,544.
    During the year the company evaluated the NIU investment and conducted a technical review of the PNG
    operations. Following this review during February 2017 Messrs Roberts and Arthur who were appointed as
    directors on the Board of NIU resigned.
    In June 2017, NIU announced its intent to spin-off of the tin and tungsten interests in Tasmania held in its 72%
    owned subsidiary (TNT Mines Ltd) supported by Patersons stockbrokers.
    AMG will continue to use its position of influence to press its concerns and agitate for change at NIU whilst
    AMG continues to review its investments in NIU closely.
    As at balance date the company held ~18% of the listed shares in NIU and
    also held a convertible note of $200,000 plus interest owed.

    FID
    Do you recon we will dodge/ avoid receivership with TL at the helm spec?
 
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Currently unlisted public company.

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