BIG burrendong minerals limited - withdrawn

Ann: Trading Halt, page-398

Currently unlisted. Proposed listing date: WITHDRAWN
  1. 5,575 Posts.
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    That's a possible scenario as well, but it wouldn't be used in all cases, as we know the customer is generally forwarded to FC Capital if they want to pay by instalments.

    Also, the customer contract/invoice still needs to be verified by the customer (as per your post above), so that means the revenue is real (has to be proven).

    So, if BIG are doing some contracts like this it still rests on the SME's ability to pay, and BIG would be taking the risk on those particular contracts. But since FC Capital have stated that the gsa is in relation to the "sponsorship agreement", I don't see how these 2 things are connected tbh.
 
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Currently unlisted public company.

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