GWR 8.05% 8.0¢ gwr group limited

Dollars, you're a shocker, they have 125kms of iron ore to mine...

  1. 1,464 Posts.
    Dollars, you're a shocker, they have 125kms of iron ore to mine before they have to mine any other land/tenement. The time to purchase a tenement is when you need more ore, not when you still have
    No plan for shipment
    No customer


    GWR are suggesting issuing 25% shares and 25% options to buy a miniscule tenement If they don;t buy the tenement they don't need the cap raising at present. Why dilute the GWR shareholding at this time.

    It is not in the interests of exosting shareholders.

    The FAS takeover was all about share dilution what is it with this administration that it can't maximise share price by increasing resource total PRIOR to cap raising.

    My problem is that the answers to these questions are certainly only to the value of FAS shareholders and former GWR shareholders, not existing GWR shareholders.
 
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8.6¢ 35000 1
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