on the Verge of Liquidation
Our Board knows they are finished because they and former MD ran us into the ground with too much debt instead of exploration for new cheaper discoveries. Now we cannot refinance, Mac can throw us into admin while they hatch the best and cheapest way to get all our assets upon sale after they collect assets they have liens on first. That’s admin. Don’t be surprised to see some on Board resign who are not brave enough to collect that last dollar to try to save their reputations by bailing on us eg Cottee but his reputation was F’ed long ago anyhow!
Mac bank are generous to ctp. Like true friends are
Don't worry Salvation. The new Government will sell out more of our infrastructure, ports and God only knows what else to the Chinese.
And don't forget the big private enterprises registered in the BVI's where non one knows who is who, and then charging us an absolute fortune for the use of it. Just like the power companies did.
Weren't we been told that by selling the power grid and infrastructure to some private enterprise companies we were all going to pay less for our power.??
That is not very nice adds04. It is no use fuelling the fire.............just let it go and it will extinguish.