BMR Mining Forum

let's be really clear..there is absolutely no case for reoving pre-emption rights...vote your shaes, get to the agm, vote no

won't be long now Bugle...

if they leave it much longer they will be in danger of posters starting the think for themselves...heaven forfend that PIs start to see what's actually going on

wait for it ....

AB has shown his hand and must be opposed. If he was concerned about shareholders he would not be seeking to remove preemption rights. Quite the reverse. He would say - "look, you guys have been through the mill. So we may need to recapitalise but if so, you will have first refusal so any dilution you experience is because you chose not to invest"..instead he offers us double dilution and by next year we will be back to 1billion plus shares and we will have experienced a 90% ownership dilution and value destruction. Simply outrageous.

Bugle, hahaha, it amazing how certain people pop up with such similar messages at the same time...must just be a coincidence eh!?!?!

If there is one reason that PIs should be deeply suspicious, or at least highly sceptical, of AB plans and intentions, it is the people who are now cheerleading him....the very same ones who insisted that Masoud was a business genius.

Deja vu anyone? As Einstein said: "“The definition of insanity is doing the same thing over and over again, but expecting different results”.

and, as if by magic, right on cue

It appears that AB et al have pulled on the yellow marigolds, greased up, and asked PIs to bend over...question is, will PIs now drop their trousers...?

Scotch, don't let the bully boys on the boards stop you from posting...I remember when they were coquettishly queuing up to be your friend when you were in stake-building mode.

Talking of lords, the current shift towards AB being the new messiah reminds me of the scene from Life of Brian:

"Well, he is the son of God, our Messiah. ...I say you are, lord, and I should know, I've followed a few!"

Now...who was it who said that consolidation and heavy dilution was the only way forward last year? Who was it who said I'm a troll/paid deramper/basher etc for saying so last summer?

...worth remembering these things before following the ramping team again.

If AB was on our sides - he would go to the markets with a much more positive story...company ok despite problems...quality asset, cash in the bank, good team, good plan, no knee jerks off to work...instead he let's MA eta al off the hook and comes to kill off PIs

deferred shares are non tradeable and get cancelled