RE: Orslega, Helpful, Align28 May 2020 22:25
Stalin, only £75,000 approx of the placing money is being paid out to cover outstanding loans + accumulated interest. Most will be repaid by allocation of squillions of disgustingly cheap shares priced @ 0.0075p. Anyway, difficult as it is to come to terms with hugely depleted funds with which to recover, the overriding point for me is just how monumentally unlucky Paulo, Thom, AOGL and we as shareholders have been. Saudis, Russians squabbling amidst a Covid 19 pandemic crashing the oil price just as we were closing in on the proposed RTO. Couldn't make it up. They certainly picked their time to spit the dummy out!. :o).