During my conversation ,, ASIC are also aware from multiple complainants.
The Administrators seem very thorough even going over Text Messages and Phone records as well as all emails etc..
I asked about the Australian Directors being a flight risk,,, they are free to travel but until the investigation is complete must complete accurate forms of there whereabouts as they are critical to the investigation..
My question was ,, where new motors purchased and fitted at the Mill? regrettably unable to answer but the whole ethos for the last CR was for Mill Upgrades,,, misappropriation of funds is serious,,, like take a toothbrush to court serious,,, the last CR participants just saw their money disappear... in record time?
There may be value in tenements? plus i asked about the Bullion from the last clean up,, the one they fell short on with the back of the napkin BS they fed the ASX,,, so the ASX got BS from the company,,so if anyone has the funds to get to the bottom of WPG it's the ASX...
WPG Resources Limited (ASX: WPG) is pleased to advise that gold recovery in the month of June of 7,155 ounces and in the June quarter of 17,818 ounces were both records since mining operations commenced under WPG’s ownership two years ago. Production for the full year ending 30 June 2018 was 54,338 ounces of gold – again a record. All production figures were however, below original budgets.
So wheres the Gold??? or 17818 x $1700 ...
Time will tell, just the costs involved in Administrators and Auditors will be hefty and we the shareholders are paying for the mop up...
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