A40 0.00% 8.2¢ alita resources limited

have we got a ship?, page-220

  1. 800 Posts.
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    Hi @kropka ,

    im as pissed as you about A40 but find your comments are of conflicting ideolgies

    1. Where would we be without GXY investment?

    Short answer probably still near or at 20 cents

    2. Are we part of GXY's long term corporate plan to get us for peanuts? IMO we sure are hence why a CR at 20cents to anyone but GXY would have been a better move or refinancing the current debt + 20m at the time would have worked too....

    Do you really think GXY are worried that their "investment" in A40 isn't going to plan? I'd argue that its going perfectly to plan for them.....


    IMO they are as culpable as Burwill/Jiangte for our SP being decimated...
 
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