Jumpstart, good post
In addition it should be emphasized Macbank are not in the mining business.
The debt side of the bank provided a $37m to PGI. the equity side holds 40m shares.If the debt side called in the loan then the 40m shares would be all but worthless Not to mention Macbank still provide margin lending on PGI
PGI is cash flow positive (less loan repayments) and Improving
"Administration" It simply aint going to happen and the sooner this Mischievous Nonsense stops the better.
Addy
Isn;t it about time you took your bucket and spade
and went to play in another Sand Pit.
Jumpstart, good postIn addition it should be emphasized Macbank...
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