IDC 0.00% 0.0¢ indochine mining limited

Suspension, page-36

  1. 7,098 Posts.
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    I assume you mean, there are 20 top shareholders, of which Brian is one of them and the largest. In a wind up situation, the shareholders get nothing and the debt holders get first pickings, as they are first in line. Plus, Brian has security over the license through Summit in PNG. It was all announced a long time ago when they renegotiated the over zealous interest rate of 30 percent and the loan was extended.
 
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