ORS 0.00% 1.3¢ octagonal resources limited

Worked value split of Gandel scheme, page-2

  1. 3,031 Posts.
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    Thanks for the expert analysis XX2.  

    Your query "You've got to question how long this set-up has been in play" makes me wonder.

    From some time before the prospectus was lodged in Nov 2010 I'd say - looking back, with the benefit of hindsight, at the pattern we have now come to recognise: Alliance 's assets (Maldon resources) were combined with those of Matrix Gold, Newmont Exploration .. and yes, that very City Rd, SouthBank based "Highlake Resources" with Ian Gandel, Anthony Gray and Robert Tolliday listed here as the only executives/employees

    http://listings.ftb-companies-au.com/l/101979694/Highlake-Resources-Pty-Ltd-in-Southbank-VIC

    AGS and Matrix shareholders were given a "priority invitation" to take up to 8,000 shares at 25c /share  (wink,wink). And so the scene is set for that ""generic process/formula for extracting value from a 'managed' micro-cap through a manufactured outcome"" that you have so cleverly outlined for us.
 
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