Ann: Quarterly Cashflow Report, page-14

..... and so another date rolls past with no payment, commercial transaction or notification of any sort from the company ?

It really is a joke ... I have written off my investment as a loss but I just want them to get their ass into gear to ensure I can write it off against profits in this financial year so Tracey get it together and finalise it all one way or the other by 30 June 2020 please


Under the terms of the “Deed of Advance” the advances are secured under a first fixed and floating charge over the assets and undertakings of two of the Company’s PNG subsidiaries, Niuminco Edie Creek Ltd and Niuminco EC Ltd, until the finalisation of a possible corporate or alternative commercial transaction on or before 27 November, 2019 (or later date by mutual agreement), at which time the advances will form part of the equity contributions contemplated under either of those transactions.