Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-10

First 10 Last

Share
Profile

Follow
1956

4,072 Posts.

500

01/02/25

14:37

Post #: 77660436
Share

Originally posted by signalFollower: ↑

there was $3m awarded to AAU in arbitration, the counter claims for Taxes (which seemed to be quite questionable / convenient) for them to be included in any Liquidation had to already be submitted and I'm not sure that it ever got to that as the DR was essentially using it as a stalling tactic. Under Vanuatu Liquidation law any outstanding amount not already presented asa claim prior to Liquidation needs to follow a very specific process to get vetted at the discretion of the Liquidator - well that was my understanding anyway from reading throught he Vanuatu documentation.

With respects to taking an objection to court (over additional taxes), I also felt that this is entirely the responsibilty of the party making / wanting to get an unpresented claim considered as a vallid one after the Liquidation commenced, which if you reccall was right on COB 31st of December, local Vanuatu time.

Back on the $3m arbitration award, I don't see it a costly thing for the Liquidator to get that court endorsed, and provide whatever powers that gives them to enforce under Vanuatu law. Collection and Enforcment is another, separate aspect to it all, I am mostly talking about the process to deem in and rule out monies owed to and owed by the Antilles subsiduary.

Expand

Sigs, a question. Was the rewrite on the NS dfs not a simple rehash of the ore but this time paying the tax instead of going with dore?. If so then why the activity notice saying its metal prices only.
if its only that it would take all of 5mins. The point being NS is really ready to pursue, why is it not.

AAU Price at posting: 0.4¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Thursday's HotCopper trends: Paradigm's drug IP buy, MTM placement | June 26

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

'Not possible' to port renewable gas: ACCC takes AGN to court

ASX Market Close: Index creeps lower as half-year mark approaches | June 26

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

First 10 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 0.5¢		Change 0.001(11.1%)		Mkt cap ! $11.88M

Open	High	Low	Value	Volume
0.4¢	0.5¢	0.4¢	$4.406K	1.069M

Buyers (Bids)

No.	Vol.	Price($)
26	42719453	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	14785780	24

View Market Depth

No.	Vol.	Price($)
25	42472030	0.004
54	61239345	0.003
14	29424543	0.002
12	60314950	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	14785780	24
0.006	15289256	14
0.007	3482668	7
0.008	5152450	6
0.009	2803571	2

Last trade - 16.10pm 26/06/2025 (20 minute delay)

AAU (ASX) Chart

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-10

Thursday's HotCopper trends: Paradigm's drug IP buy, MTM placement | June 26

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

'Not possible' to port renewable gas: ACCC takes AGN to court

ASX Market Close: Index creeps lower as half-year mark approaches | June 26

Australia’s gas crisis is here – and dying coal plants aren’t helping

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-10

Top Stories

Thursday's HotCopper trends: Paradigm's drug IP buy, MTM placement | June 26

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

'Not possible' to port renewable gas: ACCC takes AGN to court

ASX Market Close: Index creeps lower as half-year mark approaches | June 26

Australia’s gas crisis is here – and dying coal plants aren’t helping

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News