PLV 0.00% 1.2¢ pluton resources limited

Ann: Company Update - Annual Report, page-12

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  1. 23,467 Posts.
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    ""(I note that if Wise are successful in closing the mine down which is not in their interest they are liable for their share of expenditure.)""

    Is Wise a $2 shelf company from the BVI's.??

    Dear oh me!!!!

    Dyor!!



    Maps you wrote:

    ""(I presume one of those conditions precedent is that Wise repay what they owe for their share of the expenditure. i am surprised that a joint company wasn't set up with a joint bank a/c to operate Cockatoo.)""

    There are many things that this company should/could have done better. The JV Bank Account was one them. But, who was in charge of looking after that part of the procedure.???
 
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