$2m range resource loan, page-6

Well done Kiwi & BBB.

There is also another possibility based around vanmag. The Impondo website clearly says they:

a) have a 10% indirect share in the sale of vanmag and
b) Impondo is responsible for production, sales and the day to day management of vanmag.

Source http://www.impondo.com/Partnerships.html

Why can't CCC just explain the ownership structure of vanmag and why Impondo continues to claim it has a share of the sale and that vanmag is operational?

Not only that how can Impondo claim to have a share of the sale? Is that share based on:

a) a facilitation fee (meaning Impondo gets a cut of any sale) or
b) an indirect ownership stake of vanmag?

Simple.

Finally is vanmag operational?