So $8.5mil loaned to a company of related parties. Only $600k left in the tank until asset sale or grant funds deposited. Given this is all but the cash in the Company doesn't this require SH approval?
This will be the basis of my queries with the ASX
Do we all need to appoint an administrator before we have lost everything?
Instead of Selling the asset, AC8 should te purpose the business, page-15
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