Its a fall back position or theft which ever way you want to see it! If you read the announcements these guys put out and try and look through them you can usually see it.
The insiders that put up the cash should have been the best informed of any shareholders of everything this company has and yet they of all people required security of a $300 million dollar plus resource to back their $4.5 mill short term high interest rate loan.
Look at what I just said the insiders of all people said no we need security at 60 times our money the 20% interest rate wasn’t enough. How much of your money has already gone into Nachu?
It’s a joke and these guys are great at taking the pi$$ out of shareholders!
cats paw let’s wait and see that ASX Ann Monday the resignation of Claire the same day something is brewing something big!
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