Unfortunately the older annual reports that are of most interest are no longer available for viewing on-line to confirm the situation. However, I am fairly sure that the relevant passages re Hendong would have been there at the time.
Because Lowell Resources Fund was a unitised fund available for investment by clients of Lowell Capital, any association would have been deemed too indirect, and may have avoided declaration.
MPO Price at posting:
$1.06 Sentiment: Sell Disclosure: Held
