Hi Ozapp,
I know very little about mining and you obviously do so I was wondering whether the Board's approach to mining was as ignorant as their approach to repaying of the $2.5m note. IMHO...We are all aware now that the Board by ignoring warnings of the auditor and ASX and spending excessively are either financial idiots or it was deliberate. Was their approach to mining as obviously stupid as was their financial management?
conversion or default, page-26
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