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Ann: Updated Guidance and Appointment of Acting CEO, page-29

  1. 1,103 Posts.
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    the uncertainty created by the anm is bizz liquidity not the value of assets. you are right the ann is written very poorly and is causing irreversible damage to the SP.


    That has been the norm with all anns. Ms Chair approved this garbage ann to go out to the market. imo a breach of dury of care to investors. if you need to raise capital, then do on TH/suspension till you get it sorted.



    they did not so unless they are idiots (and the same can be said about investors) or have a hidden agenda, the issue is more about not having enough gunpowder for funding during the cash outflow cycle to jan/feb under current terms and maybe Darius Mac Banl roots can help to renegotiate that.


    but for f sake explain that clearly in the ann. if a white knight from PE emerges soon we know this was done deliberately.
    Last edited by Miningdoctor: 07/12/18
 
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