You're only new to the board, however, I suspect you are right on this one. I smell a rat! A big fat rat ! She------ann. Maybe there was a contrived internal iron ore deal that might have come off to the benefit of some directors etc had it not been for the perception of Terry Streeter. Only my suspicious mind maybe, but why would they "drop" those iron ore leases only to propose that it would be a great idea for the unwitting fxr shareholders to pay "someone" a great amount of money (and for a dud as well !)
Now that TS and team are in place the show will be well and truly back on the road.
With him virtually underwriting 35c, does anyone else wish to relieve themselves of their shares at that price tomorrow. Lets wait for the push!
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