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Re: None

Wednesday, 08/31/2016 6:15:52 AM

Wednesday, August 31, 2016 6:15:52 AM

Post# of 72908
It's the 1000 Tonnes of Ore they need to get processed. It's been sitting there since God was boy. It would be the first and probably the cheapest way of getting some money in to the Bank. Only problem is, where will they get someone to assay it then extract what 'worth' there is? Any cash realised (if any) will just be eaten up in 'costs', then it's back to square one as the BoD will almost certainly NOT re-invest moneys from the sold

Who will start this work without some payment up front? FLPC's Track record of paying O/S Bills isn't exactly flavour of the month with many of their Creditor's. Knowing this, I'm not sure whether anyone will even bother to undertake the job unless they are paid more or less in full with an agreed amount. However, as FLPC has no money, it seems to me that the Ore will stay there 'forever'.

What a shower!

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