@crabbe21Afternoon CrabbeYou know my position on many things...

@crabbe21

Afternoon Crabbe

You know my position on many things CGB.

However, what's your view on the $1,806,807 spent on AGMPL "services"?

Seriously, how is CGB going to progress with the life sucking 'millstone' of AGMPL hanging around its neck?

1. $360,000 on "geological fees" for a project where the MDL expires at the end of October 2019! What the hell did they spend 360k on?
2. Total comprehensive loss in 2018 was (5,001,453) in 2019 this has increased to (9,234,372)!
3. Why did the feldmans not participate in the recent capital raising? Shares held by both Pnina and Sholom have not increased since 2018.
4. According to the 2019 Annual Report, Volcan own 189,375,000 shares (@ todays prices worth ~$5.87 million) why can they not sell part of that holding and pay back the money that is owed to CGB shareholders?
5. Read pages 55 to 58 of the Notes to the financial statements for the year ended 30 June 2019.

Read enough.

There must be many good people trying to make this work but boy oh boy ... it must be very tough going with the millstones.