SMC strategic minerals corporation nl

Ann: TOV: Strategic Minerals Corp NL Further Variations Orders, page-4

  1. 12,265 Posts.
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    Yes thanks Veronica.

    Another bad report card from the Take Over panel. Good to see you managed to get your cost orders although we as shareholders are going to pay for it.

    I was also astounded at the previous announcement with the secured loan. Are they tying to tell us they couldn't find an arms length arrangement for this loan. I'm sure there would be many parties willing to gain a security over millions of ozs of gold for a poultry $1 million loan. Not sure if the conditions on this loan imposed by the ASX are good enough IMO. Esh
 
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