Outright lie. What has been published:
Payments of trade creditors and accruals $500,000
Payment of secured loans (principal only) $4,200,000
Costs of transaction $30,000
Exploration and development activities for Forrestania Gold Project $500,000
General working capital $1,770,000
$5m on debt
Only $500k on Forrestania and $1.7m on Deano's wages.
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Ann: Notice of General Meeting/Proxy Form, page-213
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