Hi wassa .. I don’t know about lucrative as I am pretty sure...

Hi wassa .. I don’t know about lucrative as I am pretty sure they ended up having to write off about $11m and then took shares in lieu of other debt repayment (and I don’t do numbers but someone else might remember better?) .. and accepted those shares at a time when there was no guarantee GCY would ever come good …
Plus I am pretty sure that - through one of
the administrations there was several oblique references to support from NRW which made
me wonder how much the then CFO and Jules had contributed to keeping the project live, and then rescuing it from that ‘straw man’ ( according to the judge) attempt to stop the company from ever re-listing.

And I don’t know how lucrative the fees they charged were but I know that they bought LOTS of equipment on the expectation of a six year contract and that through Covid all costs went through the roof !
But maybe you have better information (and possibly less bias?)

Have you heard anything of reasons as to why Ian Murray was there barely a fortnight ?

cheers