CMR
Click for more information
0.00% 15.0¢ compass resources limited

nt government keen to help compass employees, page-5

  1. paymenow
    102 Posts.
    clock Created with Sketch.
    03/02/09
    07:53
    Post #: 4753638
    From my limited understanding of what happened the JV partner issued a conflict notice on the Wednesday night.

    The prudent thing for the directors to do was to try and save any cash they had ($9M) and try to minimise the loss for creditors/shareholders.

    Any other action would have been a breach of their duties.
    CMR Price at posting: 15.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

GDM Great Divide Mining up +8% on deal with Adelong Gold to restart "historic" Adelong mine
right-arrow Created with Sketch.
NEWS Banking on interest rate cuts for growth
right-arrow Created with Sketch.
NEWS Bitcoin hits all-time high AGAIN! Join the discussion here
right-arrow Created with Sketch.
NEWS How emotions impact investing: Fear, greed, & money psychology
right-arrow Created with Sketch.
NEWS Li-S Energy sees lithium-sulfur battery chemistry validated by 30min UAV test flight
right-arrow Created with Sketch.
3DA To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels
right-arrow Created with Sketch.
watchlist Created with Sketch. Add CMR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.