Ann: Quarterly Activities Report - June Quarterly 2018, page-29

Yes, you are correct. Yes Andre went to a great effort to explain the situation to SRQ (AIS) shareholders prior to the restructuring agreement. I live in QLD so I've also spoken with Andre at mining conferences.

Bliimp, yes SRQ was in a frightful mess over the Mt Munro gold mine problem in Indonesia. Fortunately the company structure allowed SRQ to bankrupt the Indonesian company and write it off. The share price was trashed at the time and then after my first contact with Andre I decided that it would make a good time to increase my stake. I knew Andre would pull a rabbit out of the hat. "All he said he would do came to fruition."

Bliimp... You are definitely good at writing BS
"PAG charging nearly 25% interest rates for this year's 2-year refinancing .... geez, with friends like that, who needs enemies!"

Frankly, you can think whatever you like. Whilst the Torrens project is all most investors think about at present, its not the only iron in the fire.