A40 0.00% 8.2¢ alita resources limited

Saving Alita & Our Investments, page-92

  1. 18,536 Posts.
    lightbulb Created with Sketch. 2624
    Nothing suspicious at all.

    A company like this, is draining cash every day.

    At the moment, it has no income coming in. But it has expenses to pay - eg skeleton staff at the sites, security, lighting, maintenance, insurance, etc etc etc.

    Moreover, the bridging financier (CHE) want their money back by 13th February (at the latest), if a deal can not be made.

    https://hotcopper.com.au/posts/41711383/single

    So you guys need to take these things into consideration; not only to pay back the bridging financier (CHE), but to also keep funding the company.

    Refer to my post here......https://hotcopper.com.au/posts/42234842/single

    Good luck
    Last edited by Cosmoterios: 10/01/20
 
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Currently unlisted public company.

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