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.
- Forums
- ASX - By Stock
- Ann: Quarterly Activities Report
On 31 Mar 2016, Justin Doutch said the sale of Dohertys (for $4m...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CLZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.439M |
Open | High | Low | Value | Volume |
0.1¢ | 0.1¢ | 0.1¢ | $1.99K | 1.990M |
Featured News
CLZ (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online