Hi 5shareholder, and then there is also the balance of Sioc funds owing approx $9m which is under vendor finance arrangements. Terms thereof , due when etc ..
I think we have write downs /impairment charges as possibilities. Current thermal prices DeWitts economic? Auditors surely this year will be asking the right questions regarding vanmag?
As a shareholder after the Sioc deal I never expected the need for additional funding so quickly ? The Bergen raising was so disappointing. Australian shareholders have funded South AFrica if Australia corporate needed some cash why couldnt South Africa pay pack some o f the funds as you rightly point out given the funds that are now available?
I hope Jason replies as clarification is required.
Cheers
- Forums
- ASX - By Stock
- CCC
- and i thought bergen was a joke...
and i thought bergen was a joke..., page-9
-
- There are more pages in this discussion • 130 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CCC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online