Australia's largest stock trading and investment forum Australia's #1 stock forum

SL1

Click for more information

0.00%

0.0¢ symbol mining limited

Ann: Director Appointment/Resignation, page-10

First 10 Last

Share
Profile

Follow
Ddward

703 Posts.

2

04/05/17

17:07

Post #: 24477924
Share

Originally posted by GortonGums ↑

I said over on Otto

In accordance with the DOCA, transfer of the Company’s assets and the amount of $500,000 from the capital raisings to the Deed Administrators to be applied to the trust fund.

If that 500k pays out the creditors and administrator, which I think it does, the assets ie SOGTL goes back to the SWE shareholders. It's 52% now, as SOGTL issued shares to buy a block in Burundi.

Forget the SWE shares though. If Trident are diluting you 120:1 and issuing at 4 cents, barely anyone will have a marketable parcel.

Expand

Ok, thanks for the reply Gorton!

SWE Price at posting: 3.7¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 3 more messages in this thread...

First 10 Last

Add SL1 (ASX) to my watchlist

SPONSORED BY