Between the outstanding loans and the admin costs once again close to running out of funds. Even if spend full 6m to get 75% of jv then npv at 8m means only money back ASSUMING nothing goes wrong. Per previous poster I think dau derided not ord
Also worrying that mon exec resigned 1 day per latest Ann and was only on board 6 months . Wonder what happens with the 10 m shares the company gave him a limited resource loan to get
VAN Price at posting:
0.2¢ Sentiment: None Disclosure: Held