1MC 3.33% 2.9¢ morella corporation limited

Ann: Deferral of Fin Rep Obligations/Ext of Time to Hold 2020 AGM, page-44

  1. 8,304 Posts.
    lightbulb Created with Sketch. 2942
    Are you suggesting we have given Ganfeng a line of credit?

    The receivers have been called in.

    The staff have all been sent home.

    The contractors have walked off the job.

    And you still honestly believe that after shipping 148k DMT in the last 12 months to June that they were getting $550 USD DMT FOB, the contract floor price and still had next to no cash in the bank and an LC for about $6m to show for it as at the end of June 2020.

    Never mind the carryover accounts receivables from June 2019!

    Mmmmm.

    However I will be the first to admit we will likely NEVER KNOW.



 
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