Fortune payments to Citigold –
i. US$3 million (~A$3.9 million) on or before 21 April 2015
ii. US$2 million (~A$2.5 million) on or before 21 May 2015.
Security – Mortgage over gold processing plant.
Term – 6 months.
Interest rate – Nil.
Notes to be Issued – 50,000.
Note Issue price – US$100 each.
Redemption price – US$130 each.
Redemption payable in gold to equivalent value = US$6.5 million (~A$9.3 million; [email protected] US$)
Look like the day of reckoning is at the door step
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