ETM 0.00% 2.3¢ energy transition minerals ltd

vote on mining, page-71

  1. 56,560 Posts.
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    Hi Rod.

    Good work on GGG.

    I have asked a couple of times regarding the below but no answer as yet.

    How did you manage to underwrite the under-subscribed 0.005c options (ex date: 30/06/11 at 20c) with the The Gold Company via your super fund (Upper Mantle Investments)? The shortfall was 7,881,511 options. In total 32m options were issue to only raise approx $160K. The question is asked as the option issue was completed 3 or 4 months before the 5 months suspension before the Greenland uranium announcement largely arranged by Gravner Minerals. The options immediately increased by close to 35000% on re-listing. It looked like an on-market seed capital raising to insiders in retrospect. To me at least, it looked like you knew well in advance the possibilities here.

    I got lucky with The Gold Company thinking it was a backdoor set up and thankfully after suspension rec'd a windfall.
 
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