WGP westralian gas and power limited

read the latest annual report. they just do not mention the fact...

  1. 2,405 Posts.
    read the latest annual report.

    they just do not mention the fact that they no longer have anybody making payments towards their permit spending commitments.

    directors seem to have taken 800,000 in cash and equity payments from a 4 million dollar company in return for driving it to within 8 months of insolvency.

    20% fees for this performance is rude.

    add up what they have to spend to keep the permits,look at the cash they have,look at the disgraceful amount that is stripped from the company to keep the office going---can they see christmas without getting a suspension of spending commitments?.
 
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