CMR compass resources limited

affect of debt default

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    what would happen in the event that production does not go ahead in the next few mths, will this have an affect on the chairmans debt ?. Would a default on this debt mean that GTs London mates gets the bulk of the NT business and shareholders get NSW and PERU. Is there not a conflict here between his mates and the shareholders ?. Does anyone know of the terms of this latest debt, in what circumstances will there be a default
 
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