I might be wrong about this but the project needs 50mil to proceed, which the government rebate is 24mil, why then in the project funding are we in negotiations with two seperate parties to provide 30mil and then in negotiations with 'cornerstone investor for 20mil?? That would equate to 74mil?? LMG has already received 8mil from tax rebate of first year of the 3 year rebate. On what we've been told so far, investors are being hoodwinked or the rest of the market are dumb as dog sh!t.
Ann: Half Yearly Report and Accounts, page-6
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