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Under The Radar

  1. 236 Posts.
    Congratulations to our ever vigilant Australian media for missing this one ;

    " Gippsland announced that it has signed a conditional financing agreement with a Taiwan based Company, Foxxtel Inc., associated with Egyptian businessman Mr Ashraf Henin (Foxxtel or the Investor). The financing, if completed, will enable an almost immediate start to a two staged development which is planned to achieve first production in 2016. The US$7m financing agreement is conditional on completion of satisfactory due diligence and approval from the respective boards of each party, as well as other standard conditions precedent "

    Announce finance progress over a world class project with a financier that can be identified and individually scrutinised by the market, and get totally ignored.

    Deal with an individual of questionable integrity to arrange finance, do little or no background checks on their capacity to close the deal and get major media coverage (Padbury Mining).

    Keep making progress executive team , I have no doubt one day soon, your achievements will make it to a broker or journalist luncheon and their inter office emails and homework will start.

    TPG
 
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