CCC annual report out today...
See Top Page 25
Note 12 Borrowings:
"Related party loans - unsecured $2,115,110 "
Loan is interest bearing at 10 % per annum and re-payable 31 dec 2012.
Looks like you better call Mr Launder and tell him what you think, by being used as a conduit.
Looks very much like the loan from RRS still due and payable...
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2 million loan to ccc repaid to range in full, page-10
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