I have just read an article posted on Gleneagles website.Ian Prentice the Managing Director makes some very interesting statements,this is the first that I found that did not support factual previous announcements.
Fortnum Treatment Plant and other associated infastructure purchased........"from Perilya for a paltry $1.75 million in cash and script....." Yes $1.00 mill script....$0.75 mill cash.....$1,056 mill enviromental bonds & $2.5 mill on production from the plant this adds up to $5.036 mill a little bit different to the $1.75 mill claimed......This article is loaded with other myths but one thing is obvious , as with Chameleon Mining ...Do Geologists make good Managing Directors????
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truth.....being stretched
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