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Rupfel

10,889 Posts.

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04/06/24

13:13

Post #: 74155515
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Originally posted by Yowie21 ↑

@Rupfel
Interesting change of wording from you.

'You keep saying Altura was trading insolvent,Cor Cordis says not, outstanding bills were all met.Stop perpetuating lies.'

That statement sounds like you finally read the administrators report that you have previously gone to great lengths to claim no one could possibly get hold of.

You can be a bit of a hard read so I could never really determine if you hadn't read the admin report or you didn't want to as it refutes pretty much everything you say about the operations of AJM in its final months.

So now that you have confirmed you have read the report you know the report demonstrated they were not in a position to pay their creditors as and when they fell due from as early as Jan 31st 2020, they then kept trading until Oct 26th of 2020 didn't they? Oh and that was trade creditors as well as loan note holders.

The reason no action was taken by ASIC was the view that the BOD acted in a manner consistent with safe harbor after a BOD meeting on the the of Feb 2020 and also the introduction of the Coronavirus Economic Response Package Omnibus Bill 2020, just in time as it seems.

Why is this relevant well with the removal of Brett Lynch the SYA BOD of today is functionally the same as the AJM BOD that 'likely' (cough cough) traded insolvent for 9 months leading up to AJM holders loosing just on the lot.

Your whole defence of the BOD in light of the AJM creditiors/admin report is morally corrupt, your slander of me knowing full well the information I have been providing is absolute fact is probably actionable and your continued ramping is dangerous to less informed investors. I would suggest you apologise to all you have attempted to mislead and slink off into the abyss while the adults try and make SYA a success for all retail holders.

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https://*********.com.au/altura-mining-ties-planned-lithium-production-latest-offtake/

SYA Price at posting: 4.4¢ Sentiment: Buy Disclosure: Held
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