On 31 Mar 2016, Justin Doutch said the sale of Dohertys (for $4m cash, incl GST) would see the company virtually debt free. The Dec 2016 quarterly suggests the sale of 100% of the tenament ( another change from Mar 16), would realise consideration of $2.2m. That's probably GST inclusive. So with that gem and the additional debt incurred in the last 12 months, I wonder how "virtually debt free" this mob will actually be; NOT. IMO, Accelerated will not complete the transaction by March 17 and the saga will be further drawn out. Awesome, simply awesome commercial acumen.
On 31 Mar 2016, Justin Doutch said the sale of Dohertys (for $4m...
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