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Steward1
I tend to agree, the silly chap didn't go big enough.
Why on earth he is messing about with small placements is beyond me.
Keep a small amount in reserve, and place the rest. Get all creditors paid.
I must admit, he is driving into a hedge.
I can see another placement will be necessary.
Acker
Silence is the enemy.
Without any evidence to the contrary, I am assuming:
That Premier still owes Goddards for the invoices that have been raised plus accruals
That Prem still owes the legal fees
That Prem remains in debt to the CEO
That, as appears likely there will be no production in April the monies owing to Canmax will rise to 12 million
You had better get things moving George, these placements are working out very expensive.
You are using far too many shares to raise peanuts.
And please, cut out the " institutional interest" crap, so last year, we know the system.
Acker
What an interesting day.
I'm a bit confused here, calling for clarification.
As I see it the money raised, as per the CEO, is only for working capital.
The whole episode has been silent about paying Goddards, legal fees, and CEO loans.
Am I correct in assuming that the 3 above mentioned remain payable creditors on company books.
Acker