ATO Class Ruling for ORS - CR 2016/10, page-2

Yes, retiredyoung, not a happy story for ORS holders. And will AYC go the same way as ORS (privatisation or bankruptcy?). ... Have just been looking over Andrew Forrester's (squadron resources) convertible notes terms and conditions. All sewn up: 12.5 % interest and a morgage to boot. .. How desparate was AYC then: how desparate now? ? ... And no news forthcoming from the company to cheer up we less sophisticated shareholders.

I don't know AYC's early history, or what original shareholders views of management are/were, as our shares were inherited recently, through ORS. If any original A1 gold holders would care to comment on the company's history, communication skills etc I'd be grateful. It does seem that while emerging gold companies need quite a bit of luck, the integrity and skills of management are also very important.