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26/08/16
16:30
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Originally posted by minizoongs
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You do have to wonder just how the hell they mange to pay the rent, keep their houses (and it's a FACT someone was "imminently" and "irrevocably" going to get turfed out a few months ago) pay lawyers and feed their families given the gravy train dried up some time ago.
I don't believe someone is drip feeding them and therefore there's hope, but they clearly have been pulling in cash from somewhere.
I doubt any lawyers, landlords, or anyone with 1/10000th of a brain would let these guys operate on credit given their track record and trading position.
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It's called the R&D Mine, paid for by the tax payers of Australia.
The never ending story of administration payments in disguise as exploration and evaluation payments year on year.
Simple really, but someone/s may be accountable for it sooner than later along with all the other shenanigans.