TTM 0.00% 44.0¢ titan minerals limited

Ann: Update on Deed of Company Arrangement-MIZ.AX, page-53

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  1. 104 Posts.
    Would have been an easy fix really.
    * Consolidate all debts, credit notes etc into a trust
    * Repair, or push to have repaired, the mysterious road that was washed out by the flood
    * Fix the tailings pond to meet and exceed production
    * Get the network into production, and follow the upgrade paths
    * liquidate anything uncertain, or not benefiting immediate production.

    - don't waste money on exploration of new sites
    - don't waste money that doesn't benefit the income stream in 3 month near term
    + pay out trust mentioned above.
    + once paid, build towards increasing the network, without damaging the income stream.
    - don't take on any more debt.

    If that was put in place at the start, there'd be no overhead for the VA's who will likely take their cut, a chance that we'd be still around in a few years AND we'd probably be paying off a debt whilst maintaining value instead of floating about in limbo

    But, then again. It's my opinion and from where we sit, it usually doesn't matter.

    Onwards, and Upwards!
    M.
 
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