GRL 6.90% 2.7¢ godolphin resources limited

I understand all that, but Jeneta has had plenty of time to know...

  1. 1,378 Posts.
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    I understand all that, but Jeneta has had plenty of time to know the likelihood of Minerals P/L coming good on this deal or not. I'd dare say that she would have had a fair idea after the first extension, and when this one got towards the end of Q1, she should have pulled the pin straight away. Especially since the extension was for the $2.9m to be paid during the qtr - not at the end of it. But no, she's left it for a week to get a one liner out. And on top of that, she obviously knows the predicament she's in cash wise now, given we only had enough cash for .9 of a qtr at end of Dec. So effectively, she's left it hang and now she's broke! Hopefully there's a Plan B, and I can just guess what that will be!!

    Not the first time that comm's have been poor here since listing (not all her fault mind you, had a bit to do with the bloke in charge from the outset of listing!).

    https://hotcopper.com.au/data/attachments/6089/6089048-17735b1f71e7b6fe85a8a7031dc02c67.jpg

    https://hotcopper.com.au/data/attachments/6089/6089050-f14d75a551485a42bc71f63489e41b4b.jpg

 
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