X64 0.00% 57.0¢ ten sixty four limited

what is the market telling us, page-62

  1. 3,457 Posts.
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    There's going to be a delay, but it's far from terminal.

    The administrator is appointed, but it doesn't mean that All Mine have downed tools. Okay they've got to send a commissioning crew up from WA, but there's a heap of people in the industry that could do that job, if the administrator decides to pass on it.

    Also, MML would be paying All Mine as each part of the project is completed, you may find the admistrator wants the commissioning cheque.

    I'm betting that MML may have had plans in place over the past 4 weeks if the worst case scenario unfolds. So let's wait and see, I'm sure they will give us better updates now that this has unfolded.

    Pep


 
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