I'm satisfied that they still got their shares at 35c
I'm dissatisfied that the AGM was not made aware of a fundamental issue (inadequate quality salt harvesting volumes resulting in a cashflow issue and the requirement of additional capital before year end) and I feel this was a big 'non-disclosure' issue
How much do they need and what is the drop dead date that this capital is needed before insolvency kicks in
What is the capital raise arrangements on the table. More debt, equity placements or offtake client prepayments
How does this impact their revenue program (quantum over a period of time) to enable debt repayment
Are negotiations with all creditors progressing amicably or is it their intention to call in the debt...if later, we are all F$$@$%
What is the outcomes of renegotiated debt provider repayment terms
What measures is the BoD putting place to maximise capital retention and minimise capital expenditure
Are negotiations with all offtake clients progressing amicably or are they applying penalties
Questions in my pip at the moment
- Forums
- ASX - By Stock
- SO4
- Ann: Change of Director's Interest Notice
Ann: Change of Director's Interest Notice, page-5
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