Good post Gassed,
Summs up CTR well.
Samkos is right about the lack of consultation to shareholders, the exclusion and apparent nepotism from raising has left many bitter.
However CTR did a raise @2c to SI's now 1.4c
NWE did a SPP @3c to shareholders now 1.2c
AKK [email protected] to shareholders now 1.1c
TTE most recent @2.5 to SH now 2.2
If we had participated in the 2c cap raise would we be in any different position?
Bronze did and he doesn't seem happy.
RRS has ann it will be paying back loan to PP by the end of April.
I'm guessing they will be paying loan to get back CTR shares that were sold on market too or will CTR issue replacement shares so as not to force P/P buy back?
Is that what's got your goat Bronze?
There is only 5 trading days before the end of month and this ATZAM#5 is due for the biggest ann yet!!
Down to the wire, times ticking....get your bets on!!
Loan Agreement Update
As previously announced, the Company entered into collective US$6.5m loan agreements with Platinum Partners whereby 100 million Range shares were issued as collateral against the loans pursuant to the 6 month loan agreement dated 15 October 2013. As part of the Company's current development and refinancing initiatives, the loan (in consultation with Platinum Partners) is now scheduled to be repaid on or before 30 April 2014.
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