So page 13 section 1.5 of Prospectus
The Directors intend to apply the proceeds from the Entitlement Offer with existing sources of funds for the purposes of: (a) investments in its unlisted subsidiaries and projects including, Auburn Resources Ltd, the Uganda Oil Project, Pinnacle Gold Pty Ltd, Coolgarra Minerals Pty Ltd, Hartz Rare Earths Pty Ltd and DGR Energy Pty Ltd (which are described in section 4.2);
Where is SOLG mentioned.....
If investing existing sources of funds in Uganda Oil Project instead of in SOLG is not a breach of fiduciary duties I don't know what is
There is something fishy about this company
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2.3¢ |
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Mkt cap ! $24.00M | |||
| Open | High | Low | Value | Volume |
| 2.6¢ | 2.6¢ | 2.0¢ | $646.7K | 28.69M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1321645 | 2.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 401784 | 5 |
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