what happens from here on ?
depends n what actually happened prior to the appointment of administrators / receivers
consider this
we had regular capital raisings, then
sudden fast track activity
>share placement at 20c
>change of name for whimsical reason
>a want by officers to be incentivized (stage for a handover /stepdown)
>comments at july egm in sgp, that gxy management being helpful for a40 consultations; demand for transparency; and
>the usual at any-time-soon ... this time it was .... expecting the drill results
.
clearly something was about to be on stage.
whatever may be that
relevant parties involved - having governance issues (i.e. parties either informed or being interested party)
the completion of any planned transaction carried a sensitivity
.
the appointment of the administrators and receivers,
drama
gives, the to be finalised transaction, a stamp of "integrity" and "independence"
.
meanwhile one party needs to ACT - being negative/ disagreeable
.
meanwhile … the administrators and receivers,
they drilling
mine a hefty fee?
.
mining business!
loaded ... under the ground
