Hi all,
This is quite odd--sorry,I missed it earlier.
From a comment by Andrew Meloncelli(Company Secretary of GXY) as reported by stringtickler today,12/3/2010---------
'Project financing is the most important aspect of any explorer's transition to producer.GXY is ahead of the field by many lengths on that account,and the entire Creat Loan would be paid back within 2.1 years according to the modelling'.
What on earth does GXY owe Creat Group ??
Pay what back within 2.1 years ??
Creat Group is not lending any money to GXY.
Andrew Meloncelli has to 'please explain' this comment or was the comment misinterpreted ?
There has not been any recent ASX announcement in relation to any debt to Creat Group owed by GXY.Creat Group has never lent any money to GXY.
ST could you comment on this?
Thanks.
Cheers
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Hi all,This is quite odd--sorry,I missed it earlier.From a...
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