Known to CFE, Tony gave him unsecured $20 million to purchase a iron ore distressed asset in exchange for a rotalty payment.
Timis sold the stock piles of iron ore kept money including our royalty then fled country abandoning it along with a trail of debt.
Currently owe us north of $10 million USD in loans and royalties which are going through a token court case.
It is not good news he is involved
Timis buying into FEL, page-4
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