Tbeck.... you failed to mention that they do having something.....PT as their consultant!
The guy that made it all happen. How can you forget all those bullish announcements re demerger and organisations falling over themselves to give the company millions of dollar loans. Right up to the publishing of the Annual Report they were saying that she would be right mate as we have YA Global and Maestro with the loan funds at their doorstep.
Now its .... we have $9m cash and the balance of Vallenar on the way within a fortnight. Can you believe them????
The fact is that they still owe YA Global millions and no guarantee of the Vallenar asset.
sinking ship, page-4
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