A40 0.00% 8.2¢ alita resources limited

Canaccord Oppose DOCA, page-30

  1. 17,089 Posts.
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    A few things that I'm not clear on.

    1. Did the administrator approve of this additional $30M loan ? I assume the mine was also used a security collateral for the loan,

    2, Income from the mine? The mine is running under the Lithco2 subsidiary with its own directors. Are the Deed administrators overseeing the revenue from the mine are where its being allocated to? Obviously the revenue is likely being used to pay for the operation of the mine and repayment of that $30M loan first.

    3. How much of that $50M loan is still remaining?

    4. Are we entitled as shareholders to see the financials of Lithco2 ?
 
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