ANS 0.00% 1.7¢ austsino resources group limited

Ann: Company Update, page-131

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  1. 8,664 Posts.
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    The management is struggling to chase $2.6 million from a sophisticated investor by 15 March 2019, another 6 trading days to go.


    Where is $100 million?. No money, No Talk. Even particular company has $100 million, without Chinese government's approval, no money could be transferred out from China.


     Based on new regulation, Chinese government prevents Chinese citizen in mainland China to transfer out money from China to buy property in other countries.
     

 
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Currently unlisted public company.

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