Ann: Removal from Official List, page-512

@Deboss ...
I'm going to repeat this here, because some posters do not seem to want the truth coming out...

This is easily substantiated...
Considering this mob have spent all the cash invested and are running on borrowed funds without the assets to back up the loans, it's funny how you try to insist those warning you of the disaster are seen as the bad guys, not the promoters who were horribly wrong....

From the 2019 Annual report ...
https://www.winmarresources.com.au/s/WFE-Annual-Report-2019.pdf

p19 ....Total assets 327,485
p19 ....Total current liabilities 1,200,227
P19.. Total (deficiency) / equity (872,742)

Subsequent to the financial year further loans....
p10..."On 31 January 2020 the Company entered into a Convertible Note Deed with 62 Capital Pty Ltd and Markovic Family Pty Ltd each for $125,000, the purpose of which is to drawdown on the loan to pay
existing creditors and general working capital requirements. The principal sum is repayable in 12 months
plus accrued interest at the rate of 10% per annum."

plus this p10 ...."On 9 March 2020, the Company secured a total of $80,000 in loan facilities to be re-paid in 12 months at an interest rate of 10% per annum to provide immediate cash to provide working capital requirements to meet its minimum expenditure commitments."

As the company seems to be going to great lengths to relist, it is curious why they don't continue to IPO the cobalt project in the Congo that was meant to be so wonderful, but instead appear to be going for something completely different if the rumour being spread is to be believed.

@Deboss you were a great advocate for the Cobalt project, so why abandon it if the company is going to go through the process of a prospectus anyway?? All they ever needed to do to get the project up was the requirements of a prospectus, so why change course.