RLD16 Dec 2019 07:55
Reads to me that there is a little cooling off taking place.
'An amount of US$880,000 (approximately £660,000), out of the Revised Consideration is to be paid directly to the Lender in order to settle the total amount outstanding under the Company's pre-existing Secured Convertible Loan Facility (including all accrued interest). The balance of the Revised Consideration will be utilised by the Company to pay transaction costs and certain other outstanding creditors and to provide additional working capital as the Company seeks to identify a suitable reverse takeover transaction in the mining sector.'
Net value without successful RTO = ZERO
I also noticed a significant increase in the use of the word 'if' in Suhail's weekend posts.
Maybe not so nailed on as peeps like to believe?
IMO, DYOR, NAI, & ATJ