Satrah you do understand you are allowed to change your opinion on a company if things go polar opposite to what you invested in the company for, since I started the Wooo Hoooo thread on Hot Copper the playing field has changed dramatically for MMR, at that time we held hope of Ed Husic Approving Pep11 for exploration, in a hope to release the 5 year shackle of suspension that MMR management had bestowed and imposed on Shareholders, but since then Ed Husic as the Federal minister in charge of the JA on the decision of Pep11,s exploration licence has with in he’s right along with the Federally elected Government of Australia he represents and the NSW state government as a collective has decided to dismiss the Exploration licence of Pep11 and deny the license on behalf of there constituents.
This makes a HUGE impact on MMR as it holds no other assets Satrah bar crap cash bleeds, that have all been proven dead in the water for years right through the forced 5 year suspension shareholders had to endure, and now have been subjected to the company trading again by management now in the worst possible scenario for MMR,s future under its current makeup, if Head Office could of stuffed this up more by re listing when they did please tell me how imo!!!!
And it’s exactly why only 17% of shareholders of MMR took part in the Cap raise late 2024 to re list, I certainly never took part in the cap raise once denial of the licence was in place, why would anyone !!!!! because it’s a lemon and there is no use throwing good money after bad, and it’s exactly the reason I’ve been selling out of a major holding of MMR since re listing in November 2024.
Am I angry with management for the way they have treated share holders over the past 5 years, you bet I am, and so are a lot of other real shareholders of MMR collectively revolting on the SP and selling since re listing, and it’s only just begun imo, and they have every right to sell, just like myself since November !!!!
And am I vocal about this on Hot Copper and on my Wooooo Hoooo threads, you bet I am, because it’s how I roll, if management of a company I hold don’t do as they promise, and act in a way that is beneficial to long suffering shareholders, I’m obviously going to be vocal of the actions of Management and vote with my large share of scrip, it’s every shareholders right to do same, and investors that are good like myself at long term wealth building exercise that right, and my right of expressing my dissatisfaction and disappointment in management of BPH and MMR of the way the whole Pep11 debacle has been handled by them since 2020 imo !!!!
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