We needed money as 31dec. the quarterly cashflow statements showed we had less than 20mil in the tin and the enviro bond is not shown on the cashflows as an outflow. i am left to conclude we hadn't yet paid it !!! even though it came in the door on 26th oct.
i dont know showtime was sacked for a fact but it seems obvious. he still has 23mil options strike price 30c so think in 12mths with a rocketing share price he will look back financially rather happily on these events.
Looking forward to Clarky's first presentation and his outline of production and strategic outcomes he aims to achieve in the first 12 and 24 mths on the job. then we can measure him against something. If it stacks up, brokers will start covering us and my rec changes to screaming buy! stock should be at 50c
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