ADY 8.33% 1.1¢ admiralty resources nl.

re: rincon, page-36

  1. 152 Posts.
    The evidence available is not emails, but documentary evidence that Philip Thomas and Sentient were already investigating the acquisition of Rincon Lithium Ltd in 2007.

    Considering the subsequent events, I was a little surprised to discover this.


    The impression at the time of the sale was that Charge Resources, had dropped out, and Sentient appeared out of nowhere to buy Rincon Lithium.


    The fact that this was obviously a plan already in 2007, makes the whole operation very suspect.

    Any opinions welcome.

    How do the shareholders feel, knowing PT and Sentient were planning to hive off Rincon in 2007, whilst PT was apparently working in the interests of ADY shareholders?
 
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