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31.0¢ tawana resources nl

All good but perhaps we should discuss all this on COW pages and...

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kropka

1,722 Posts.

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02/12/18

19:47

Post #: 36722309
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Originally posted by HelloU ↑

yep capt i get that stuff (lynda? is it linda?) all nice - i am familiar with the arrangements. my point is, and to use ur example, if taw peeps come to drill then that either goes onto the books as a debt (solvency issues) or gets paid out of that $750K (or whatever is left after lawyers, geos and brokers costs). There is NO taw doing the work for free - try explaining that to the ATO when u do not pay income tax cos u do not make profits yet.

i am not saying that a close relationship is bad, i am saying that cow and taw are NOT the same company. they have DIFFERENT owners and directors ....... and the longer this goes on the more different those owners become, and the trickier the 'relationship' becomes.

(those about to say what % taw own of cow do not bother - this is about director responsibilities and company solvency)

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All good but perhaps we should discuss all this on COW pages and just concentrate here on TAW, in currently so important to us developments

TAW Price at posting: 30.0¢ Sentiment: Buy Disclosure: Held
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