CTL 0.00% 0.9¢ centennial mining limited

Shareholder Action, page-110

  1. 1,191 Posts.
    lightbulb Created with Sketch. 246
    So this month is a nail biter.

    We have Gandel's loan due. We have an AGM in limbo somewhere.

    What happens if debt has gone up more? What happens if they haven't mined? What happens if they mined but a loss? What happens if they mined and got some profit? Who knows, no news flow..... but my gut feeling is it is going to bad news.

    The thing is they cannot proceed with con-notes and cap raises without shareholders voting. To get shareholders voting they likely have to call and AGM. THere is talk of an additional director, who knows what directors remuneration packages are proposed and which directors are up for resignations, re-election etc as Gray might be replaced??? Lots in limbo but the one thing that is constant is WE ARE SUSPENDED FROM TRADING.
 
watchlist Created with Sketch. Add CTL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.