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Ann: Quarterly Activities and Cashflow, page-61

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    Whatever WI they give up (If they do make it past the first, imo, all over in Senegal by the second cash call imo) will be analogous to throwing money onto a bon fire. That's why I'm hoping for a scheme of arrangement (apart from not trusting management to otherwise realise a higher value). The court appointed admin becomes responsible for all expenditure, protects current assets and tries to realise the best value for assets if they had at that time decided the company can not be considered to be an on-going concern - I'm no expert in the matter, but had a little experience many years ago.
    Last edited by outsideguy58: 01/05/20
 
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