So ANZ gets 5mil for not forclosing when I have been repeatadly told that ANZ were supporting GTM. I think that support was the same as a puppeteer is to a hand puppet. One hand up the orrifice!!!
GTM management keep their jobs?.
Plant closes?.
Mining Stops?
All others owed $ do nothing but wait?
Cash received only 3mill goes towards exploration. I somehow don't think this will be the last issue.
Reckon an update on current mining , cash etc would clarify a bit. How much to put and keep plant in standby.
I don't punt in shares to see ANZ take no risk. If they are secured by the plant- give them that and but which child could only negotiate to pay them so much.
This management seems only concerned with staying employed.
Beyond a joke. They could dig up gold nuggets and wouldn't have enough cash left to transport it to the assay office let alone do a fresh feasability study. Truely sad.
Ted
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GTM
greentech minerals ltd - tba
1:34 consol + $21m placement, page-12
Currently unlisted. Proposed listing date: TBA
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