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D1326

452 Posts.

130

18/01/19

08:58

Post #: 37151608
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Originally posted by precis: ↑

Thanks for the advice D1326...yes 5% would require some concerted planning and in any event would get outvoted...but it would send a signal. Questions will be answered like the current loans..Answer: they saved us...yeah right! How did we get in the mess is more to the point? Why didn't we have a normal commercial relationship with other funders when several Board members list equity raising as one of their skills...it's about time this company gave us a break. Like did we get consent of Octagonal to extend the meeting time beyond 31 Dec 2018 which is a condition in the loan announcement...the lack of clarity in communication is disgrace upon disgrace, the likes of which I've never seen before. Obviously the AGM etc can't be by the end of January. Again we guess as to why this is. We are supposed to be stitching back together a corporate cot case, are we not? Can't see it happening myself.

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ASIC seems to be our only hope at this stage as shareholders are reluctant to do anything. It would be terrible if the Board get away with what is so obvious a plan to take over a company by deception as it will then make shareholders reluctant to invest in the small caps mining area. It is not too late to contact them

CTL Price at posting: 0.9¢ Sentiment: None Disclosure: Held
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