Ann: Memorandum of Agreement and MMPRC Dividend Payment, page-8

Not your best post, this voluntary administration has all been deliberately planned and orchestrated, the directors couldn’t obtain directors liability insurance, it was never about not having enough money in the bank to pay bills. X64 had $10 million cash as at 30 Dec 2023. All this new board and administration care about is themselves. It’s all greedy money grabs. They will 100% continue this shonky gravy train. The bullshit $US 15 million restructuring deal, will give the company roughly $24 million Aud cash. They will 100% get this shonky shit show back trading on the ASX, because it’s in the interests of the ceo/board to keep being paid their bonuses and salaries. CEO says “Company will be in a strong position” post restructure. I see it trading at 20c on open. $45 million Aud market cap. As investors will see some value in the restructuring deal and the uncertainty of value from the 40% interest in PMC gold mine and the crapy $14 million dollar QLD tenements. X64 Trading halt - march 2023. Gold price was $1750usd. Gold price now $2600usd. It’s a speculation gold play X64. Asx casino. But hey that’s investing in the Philippines. Have a great Xmas RW. Thanks drillbit