PEC perpetual resources limited

Ann: Placement Agreement, page-2

  1. GtP
    234 Posts.
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    Anybody out there following this one? They seem to be stuck - Caruso to smart to ever drop investment funds in an Indonesian play. That leaves gold in Oz, but the lease areas seem to be in areas where the nice folks live. So I don’t see this project ever getting going.

    Does that mean this is just a shell company that is sitting waiting for someone to RTO and inject some probably gold assets ?
 
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