I stand corrected, and am the first to admit that I was wrong, for which I offer my sincere apologies. I found the document even though I was told it was not yet lodged. Yes, I would also recommend every shareholder to obtain a copy of the minutes of the meeting.
1. Yes, our chairman described himself as a representative of the board of Kandahar. Humm.
2. The liquidator recommended that the meeting be adjourned to further consider the second DOCA proposal as 'arguably shareholders would be better off under the SFG DOCA' (Second Floor Gold).
Kandahar says Second Floor Gold has no funding, and Second Floor Gold says Kandahar has no funding. No mention of funding / backing of either company's - balance sheet. MRA representative also noted the absence of long term funding.
Other good stuff in there regarding Cambodia claims etc etc. Worth a read.
IDC Price at posting:
0.6¢ Sentiment: None Disclosure: Held