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8.2¢ alita resources limited

Totally Agree with you. Shareholders MUST NOT allowed CE to get...

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30/01/24

16:07

Post #: 72138180
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Originally posted by BT6487: ↑

My opinion is this:

- If Chris Ellison is elected director of Alita, he will somehow make MinRes owner of Alita. The likeliest way of this is by re-listing Alita, issuing MinRes the majority of shares/majority shareholder (probably without spending much money) and at a huge dilution to existing shareholders. Remember MinRes only have Bald Hill (not Alita)

Once MinRes owns Alita, the $100m cash and the $300m tax losses then belong to MinRes. CE works for CE. There is nothing in it for shareholders.

Shareholders need to block CE's attempts, or negotiate a fair settlement for their shares (the same Austroid did)

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Totally Agree with you. Shareholders MUST NOT allowed CE to get Alita Resource for free, unless we know what is in it for us shareholders.Imo

A40 Price at posting: 8.2¢ Sentiment: Hold Disclosure: Held
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