I don’t think Sheldon is no. 1 anymore. Greywood Holdings....Ivan Jack Milanovich lodged a form 603, substantial holder form, on 7 Aug 17 notify voting power of 41,000,000 shares or 9.39% of CLZ. The interesting thing is that any interest prior to that date was nil. Given Greywood Holdings was a significant unsecured creditor post collapse of Fairstar, maybe this was a way of settling that “transaction” given the associations between said parties and he’s just cashing in? See:
https://thewest.com.au/news/goldfields/city-coffers-face-big-hit-over-miner-debts-ng-ya-131289
Been collecting all my “evidence” to support the upcoming post on CLZ history and performance so this type of info is now at my fingertips. I haven’t had this much fun since the Newexco report. LOL.
Fairstar gone:
https://thewest.com.au/news/goldfields/city-coffers-face-big-hit-over-miner-debts-ng-ya-131289
https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYC4gy4yhCZpvZqke92GA==
Guide resources - subject to ASIC initiated deregistration.
https://insolvencynotices.asic.gov....30973769/3b9c351e-cbb6-4707-b202-290b4c5c1f5c
Ironstone Resources - Subject to ASIC Notice if application of winding up order.
https://insolvencynotices.asic.gov....50788695/ab1aa3f9-199c-4ffd-9554-f2b736a87b3c
And here is some info on GWR and Doherties for you to munch on:
http://www.smh.com.au/business/classics-golden-purchase-20090519-bed9.html
And finally, Mr Justin Doutch’s public LinkedIn record demonstrating his experience:
https://www.linkedin.com/in/justin-doutch-a4878970
I have no need to comment as this is all publically available information for people to use is assessing the level of risk that presents. DYOR.![]()
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