Guess he has got a lot more as we speak
Joe has no interest in the diamonds at Merlin
He has his eyes on all the land that TEU has.
Remember NAD had the lease over the land and spun it off as a new float
If you read through NADs ann over the last 2 years you will come to the conclusion that all directors had a self interest, and it was definately not the poor shareholder.
A few years ago they appointed a good md who was focused on minning and he bought shares in the company... he got sacked
Most of the charlatens and spins and carpet baggers have left now, leaving a shell of a company
Its prime takeover
Joe will pick up by taking over NAD and in that vein will take over TEU
A company that was spun off by these "directors"
TEU has some of the best underexplored land in the Territory, besides TUC
Its a given and not even worth following
Anyone want a third hand diamond mine going cheap???
Barramun
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