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15/06/15
18:15
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Originally posted by Croesus1
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I hear you both, but in my opinion if Dargues is funded and on track to 50,000oz production pa at around $A800/oz then shares should be well above current levels. Why even raise the topic of pursuing Liongold for approx. 3 cent placement shares. I would have thought the Liongold shares are more of an asset to Liongold than a liability. I don't believe that the Unity executives have the authority to issue those shares any more .... I believe management should forget about that placement or if for some bizarre reason they want to pursue Liongold then call for a vote of shareholders to determine wether or not to issue those approx. 3 cent shares.
disclaimer; the above post is my opinion and is posted for entertainment purposes only. The post is not to be considered as factual or advice in any way whatsoever.
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Maybe they just pissed them off as holders, because they were dumping under 1c.
Not sure it's much to worry about.