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57.0¢ ten sixty four limited

Ann: Appointment of Voluntary Administrators, page-10

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groundhog2

2,135 Posts.

175

03/07/23

17:26

Post #: 68595003
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Originally posted by SilverTeenager: ↑

All the gold and cash is held in the Philsaga Mining company entity. A Philippines entity currently in a legal dispute over ownership between Joseph and Raul. X64 only holds 40% ownership of this Philippines entity. Prior board was working with Joseph against raul. New board working with raul against Joseph? The vote was meaningless. The court decision is what matters. A judge must decide Who legally controls the Philsaga mining company! I think We need an independent board, that works for all shareholders. Cheers ST

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Go back to the update for shareholders that was released by Mr McGlinn. We have to be patient and wait for the Supreme Court proceedings and the audit / investigation to be completed - and the findings to be released. That includes all legacy issues. DYOR

X64 Price at posting: 57.0¢ Sentiment: Buy Disclosure: Held
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