Not too long ago, we were in debt and Morgan Stanley was about to call in the loan. We were bleeding cash from Nifty and Renison was barely break even.
This is when APAC's financial lending arm and the Hong Kong boys together with Old peak came in and loanded the money to pay off Stanley and basically resuscitated Metals X.
Now ,the cancer Nifty is gone and Renison printing cash.
Which side of the puzzle would you rather be in? Debt and the company about to burst or now the company printing cash , your issue being cash in hand ...
The HK boys have earned the right to do whatever they want to with the cash. They have my unequivocal vote to do so.
P:S - Chris are you still around? Your broker still in touch ? I still remember your call on Nifty being in the market before it was announced ...many thought you were an idiot . Turned out to be true which you confirmed made you millions when you entered dirt cheap at 8c.
Quality of post here is all about just cheap Aldi wines now. Where are the old guys???
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