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07/04/18
19:29
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Originally posted by Hiddenvalue
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Sorry to dissapoint all but he was used recently to release the golden age underground extension news not Milan. Refer to the announcement. His participation to the capital raising would have been to the extent of his entitlement I would have thought. So if he owned shares still he would have participated as it clearly stated that directors would participate to the extent personally possible. If turnaround is true, bet he would have taken up all he could. Did he sell all his shares for tax purposes or just a large portion when he did? I think out of courtesy he did not join in on underwriting as no one would enjoy watching him cash in a second time. My take is he was overly ambitious on timing only. He is an accountant and possibly didn't understand how long it will take to mine. My thoughts only. Don't know the man.
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he obviously has the support of the Chairman ...
(took the heat off him with the announcements knowing previous incidents were out of MDS control) ... (except for an exceptional debt repayment 6mths into supposed commercial production) ... whose call was that?