Have I missed an announcement where ASIC have insistend on monthly reporting? Very interesting indeed.
They are living on borrowed time - and I guess that really can't go on forever. No exploration expenses expected again next month - so just $28k a month for admin expenses - wonder if that covers the rent as well? That has to be covered monthly by the draw down facility which sounds mental to me.
Really, who would actually keep paying Smyth's wages for them to go absolutely nowhere - or lower? Oh yes, I forgot, the London and Swiss bankers who are friends of the CEO and his cohorts Malcolm Johnson, Christopher Page, Anton Tarkanyi and co.......Can't believe that the UK's Inland Revenue (Tax Office) haven't managed to get them actually - just shows what 'good lawyers' can do!....and good liars of course......
. (No need to tell me I'm defaming them - ....they're lucky no mentally unstable shareholder got them, so defamation is nothing!)
CVI Price at posting:
0.3¢ Sentiment: Sell Disclosure: Not Held
