He stands to lose significantly more if Hartree grabs control of the company then don't allow Mallee to relist. Even under the Hartree proposal, if we do eventually get to relist, his shares are diluted like ours.
The best solution would be for Creasy, Perilya, the new significant investors that came in on the last couple of placements and the administrators who were 'paid' in MYL shares when MYL got control of Avebury, to band togther and come up with a way to help fund MYL going forward until MYL can stand on its own two feet and relist under its own steam. Hartree are no friend to shareholders - no matter how large or small.
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I am extremely concerned by the terms of the Hartree offer, page-227
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