Sincere thanks to Thomas and his Board (including current members) for the Rincon sale.
As was stated at the AGM when sale negotiations were underway.... Rincon consisted only of a few ponds and a tin shed. There were no agreements re selling the lithium. Argentina was a high risk country for development. We had to sell to stay afloat and receive our renumeration packages must have gone thru their minds. Etc etc
Shareholders lost millions of dollars due to questionable management of ADY's assets/liabilities. Sp down from 60c to 1c in less than a year i recall.
So much for the millions of free options received by Board members for services well done.
Why didn't they do a placement/rights issue and save Rincon???? Many of us know the answer.
Do authorities care? Not at all.
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0.6¢ |
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Mkt cap ! $15.77M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
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Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
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