Good Evening Folks,
I'm wondering why CGB would be borrowing $39,641.00 from "Australian Gemstone Mining Pty Ltd" how does such a loan benefit Shareholders?
Also great to see "Volcan Australia Corporation Pty Ltd" have paid CGB $79,258.00 of money loaned to them, now Volcan Just need to pay CGB $1,200,000.00 for the Sapphire lease ML1462 or return the "THE ASSET" to CGB shareholders!
I found it interesting that CGB only managed to reduce their travel expenses by Approx $40,000 on last financial year, considering all the travel restrictions in place in Australia and around the world
https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD6g21yhiZo%2FB7ke92GA%3D%3D
Cheers
Finn
