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
SMC Price at posting:
40.0¢ Sentiment: Hold Disclosure: Held