MRC 0.00% 2.6¢ mineral commodities ltd

Ann: Water Storage Dam - Tormin Mineral Sands, page-34

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  1. 8,576 Posts.
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    Sarosa its a pity they are focusing on raising development funds when maintaining the projects should be a priority…I realise the 2 million previous quarter loss was not ideal and brings this company closer to a cash raise…Maitanance needs to be addressed and funds need to be available for a proper maintenance routine…The drill rig break down and now the dam leak al, starting to stack up…Spid81 still hasn’t addressed the issue with what security was used for the $10 million dollar loan…

    The higher the amount of the loan the higher the level of security given…This especially has me nervous and anxious not knowing these details for holders…Holders are the ones who chipped in but then who gets to mortgage your assets…Where is the protection

    Regards Croc

 
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