SRN 5.00% 1.0¢ surefire resources nl

Ann: Payment Commitment to Mutual Holdings Pty Ltd, page-34

  1. 1,730 Posts.
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    The company is being transparent but the way way I read this, SRN (us) are liable for nearly a million in interest each year this continues. Vlad certainly has got a cash cow going here. I could be way off base and if I am, apologies. Quite happy to be proved wrong in my assumptions. Also seems a lot of money what amounted to be the purchase of an exploration license.

    DYOR (Never a more important reminder. smile.png)
 
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