As expected, the royalty cheque to the Australian Gold Trust is late again. So any talk about CTO having no debt is now completely untrue once again - they have a creditor and one that is sick and tired of having to push like mad every month to get their cheques.
I'm definitely sick of it, especially since this was supposed to be an 18 month project (way back in 2003).
I suppose we'll have to threaten them with letting ASIC know and then they'll run over to the trust office with the cheque in hand like a runaway train (as usual).
As expected, the royalty cheque to the Australian Gold Trust is...
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