Ann: Production Delays - Tormin Mineral Sands, page-70

Fulang6 can you recommend a case for a cash raise that would be supported…? Their partner is already down the tube on their 10 million dollar loan with zero return on the investment…Did they use the project as security…??? They were the major supporter of the last capital raising that saved the investment and possibly administration at the time…At the time the money was raised it was marketed as returning to profitability…When ?

It just seems to be one thing after another and now with Dam a leak unresolved…1.5 cents is in vision now with little reason to be excited…The new fleet of vehicles required looking unlikely imo

Regards Croc