Initial question

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Re: Initial question

Post by rogerdoger on Fri Mar 08, 2013 4:56 am

I have just added a post on the "Action Group" forum, Not sre of the correct process yet.

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commercial

Post by stuart143 on Tue Mar 05, 2013 9:34 pm

Here's a thought if the mine NAL is now producing commercial pours and can be shown to do so on a monthly basis from hereon in then the business is surely viable to service debt etc can you imagine the administrators going to court in front of a judge to break up the business as they will have to justify their reasons for doing so.There are potential funders out there as confusion has found pension funds, Kores etc

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Re: Initial question

Post by Ahsoka Tano on Tue Mar 05, 2013 4:59 pm

Wages

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Tax

Post by Moneypenny on Tue Mar 05, 2013 9:48 am

I didn't think they needed to pay any tax....they never made any profit?

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Funds - ANGM and the subsidiaries

Post by 600 on Tue Mar 05, 2013 7:56 am

I feel that we need to know what funds have been through ANGM and all the subsidiaries but there lies the first hurdle because Cork Gully have only been appointed IRO ANGM! It seems funds have been placed in the subsidiaries. How are we going to prove that?

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Re: Initial question

Post by Ahsoka Tano on Tue Mar 05, 2013 7:45 am

They had so little funds to make a scheduled tax payment, yet supposed to repay almost 4m around that time to retain BAM. At worst they should have sacrificed BAM % and used money to pay Tax authority and stayed out of administration.... Given NH said production has been continuous, where was the money to make either one or the other. Answers needed.

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Re: Initial question

Post by Moneypenny on Tue Mar 05, 2013 7:26 am

Hi Jaf, you are on the Action group forum, you have just created a new topic!

All good Smile

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Why is the post here ?????

Post by jaf1948 on Tue Mar 05, 2013 6:51 am

I meant to add it to the Action Group forum ! If anyone knows how to move it, please do it or tell me how.

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Initial question

Post by jaf1948 on Tue Mar 05, 2013 6:49 am

Before we get into the more detailed questions of where is the gold and who has been doing what to whom, I feel we should ask the administrators to give us a chronological time-line (can there be any other sort of time-line ???) for ANGM from the last production update on December 11th. This should then give us pointers where to go next and which further questions to ask.

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