i would assume that the shire of sandstone windup order was in...

i would assume that the shire of sandstone windup order was in relation to unpaid shire rates. Not uncommon in WA and not particularly damning on its own.

the ASX query however was fantastic. Although CLZ answered all the questions with aplomb it succinctly summarised some of the more concerning aspects of nepotism and related party contracts that exist with this company.

What would be interesting is understanding the relationship between John Doutch and Rutherford Holdings and Greywood Holdings - both cos are major creditors and have been for many many years.

Note that Stock-Assist who "sold" the FGP to CLZ is the same provider of a debt facility that is never utilised but rather in place to satisfy auditors and "going concern" questions. Theres so much we dont know.