"Funding is freely available for the group via subsiduaries and operations"
Rob, Can you please point to me where any of the subsidiaries and other operations have provided loans/payments/funding to the Company (TNC) and under what conditions?
I don't of course refer to any joint venture payments which tend to be a case of 'you scratch my back and I'll scratch yours'. Quite often these joint venture arrangements fall over and the payments are returned under non-performance of terms.
Can you also tell me how much gold has been sold in the Cambodian operations considering they have had these tenements for a number of years now?
Can you also tell me what your understanding may be regarding the payment of TNC as a loan to help out Valleyarm when they (Valleyarm) are supposedly going to be raking it in on music sales. It seems extraordinary to me that Valleyarm should put their hand out for pocketmoney when they are supposedly experienced in this industry and should be making good money from their operations based on your model.
The only time I usually ask for money is when I cannot fund something myself.
How much checking did shareholders do yesterday as a result of the claims that Molly Meldrum supposedly mentioned Valleyarm (which turned out to be totally untrue). I do note at least one shareholder DID listen to the transcript and couldn't hear the claims purported. This is where these Boards can be dangerous for the unwary. Please do your checking yourself on these sorts of claims to verify if they are true. Don't follow the sheep and beware of sheep in wolves clothing.
Cheers,
Tangrams
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TNC
true north copper limited
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PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
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