ETH ethan minerals limited

quartley report and updates , page-5

  1. 316 Posts.
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    Ken F also had interested parties in the ore in Zambia. But.. No action there. We don't know the asset worth or the creditors claims, as well as the ATO dibs on any left overs, so I am not holding out like some. I don't know why a rights issue wasn't organized rather than just call in the administrators except it would have left too many questions for Ken about what happened to the last 2 million dollars he was given charge of. I am dying to see how much shareholders money was handed over for leases and if they were valid to be issued . How much went on pulling ore out of the ground that could not be sold.Did we pay some miners and engineers for ore we could not sell legally. The longer the wait, the less the chances of a fair result for all. Possible Oct now till we have any news.
 
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